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  • Two central bankers try to spin lower oil prices as being good for economy
    Two central bankers try to spin lower oil prices as being good for economy
    After a quarter long debate on whether the global economy has reached the point of deflationary recession, two central bankers, one on Dec. 1, and the other on Dec. 2, thought it very important to reach out to the public and try to spin the idea...
  • World leader's meet for G20 Summit in Australia
    World's leading nations attend G20 Summit to address global economic challenges
    The 2014 G20 Leaders Summit will be held this Saturday and Sunday inBrisbane, Austrialia. The Leaders Summit is considered to be the most importantsummit of the G20 year because they are expected to discuss major globaleconomic issues. At the end...
  • Russia ready with proposal for bank to replace IMF and dollar at BRICS summit
    Russia ready with proposal for bank to replace IMF and dollar at BRICS summit
    On July 14, nations from Brazil, Russia, India, China, and South Africa met in Fortaleza, Brazil for the 6th annual BRICS summit. And leading the discussion and agenda this year, is a proposal by Russian President Vladimir Putin to finalize, and...
  • IMF: Bailed out Ukraine for $14-18 billion
    IMF: Bailed out Ukraine for $14-18 billion
    The International Monetary Fund, said on Thursday, agreed to bail-out Ukraine in the amount of $14-18 billion, which will unlock further credits to reach a total of $27 billion over the next two years.The agreement is to help Ukraine meet debt...
  • IMF billion dollar bailout of Ukraine seems surreal
    IMF billion dollar bailout of Ukraine seems surreal
    Russia has mounted some 30-50,000 troops on the border of eastern Ukraine, making an invasion seem almost imminent and instead of hearing about major economic sanctions that might help to cripple Russia or at least make the invasion the worst...
  • Harry Reid
    Harry Reid blames Koch brothers for stalled Ukraine aid, implies GOP unpatriotic
    It seems the Koch brothers live rent-free in Senate Majority Leader Harry Reid's head. On Thursday, the Nevada Democrat blamed the Koch brothers for stalled legislation intended to help Ukraine, The Hill reported. He also implied Republicans...
  • Marxism is the root behind IMF plan to confiscate 10% of all wealth in Europe
    Marxism is the root behind IMF plan to confiscate 10% of all wealth in Europe
    On Jan 2, famed economist Martin Armstrong gave a dire warning to nations across the globe, and particularly in Europe, that a confiscation of their assets was not only inevitable, but will happen much sooner than anyone believes. In a breakdown...
  • IMF's World Economic Survey a Taxing read for Club Med Countries
    IMF's World Economic Survey a Taxing read for Club Med Countries
    The world that the International Monetary Fund, or IMF, operates in exists only in theory, it is like the perfectly closed system where energy is a constant which is the the basis of many physics theories. On one hand, the assumption of a closed...
  • Gerald Celente: Potential risk of a bank holiday because of debt ceiling crisis
    Gerald Celente: Potential risk of a bank holiday because of debt ceiling crisis
    On Oct. 9, trends forecaster Gerald Celente was a guest on the Coast to Coast AM radio show to speak on the ongoing events tied to the government shutdown and upcoming debt ceiling deadline. In his update on the political and economic showdown...
  • IMF  opposes USA sequester
    IMF opposes USA sequester
    In its annual report on the US economy, the IMF said growth this year would have been as much as 1.75% higher than the sluggish 1.9% forecast had spending cuts and tax increases been introduced more slowly. It forecast 2.7% growth for 2014. "...
  • UK set to grow
    UK set to grow
    The Organization for economic cooperation and development the OECD, Paris-based think-tank’s latest composite leading indicators, which have a good record for predicting changes in growth, showed that the UK economy continued to expand at a...
  • IMF criticizes Greek bailout
    IMF criticizes Greek bailout
    It completely misjudged the ferocity of the downward spiral caused by austerity a l’outrance, and then blamed the victim by pretending that Greece was failing to comply with the terms.The Troika recoiled from the standard IMF policy of debt...
  • Greek FM speaks on IMF report
    Greek FM speaks on IMF report
    The Greek Finance minister Stournaras, welcomed the IMF report detailing that mistakes were made in the handling of the Greek credit crisis. As a professor of economics, he actually played a role in compiling the report.Back in 2010, he was head...
  • IMF downgrades France's growth
    IMF downgrades France's growth
    The International monetary Fund (IMF) now expects France's economy to contract by 0.2% in 2013, slightly lower than its previous estimate of -0.1%. It also trimmed its forecast for 2014, to 0.8% growth, from 0.9%.France's own forecast is...
  • IMF calls on UK to grow economy
    IMF calls on UK to grow economy
    The International Monetary Fund has called for the UK government to bring in new growth measures to support the economy and ease the pace of its austerity programme.Speaking in London David Lipton, first deputy managing director of the Fund, said...