Home » Posts tagged 'imf' (Page 15)
Tag Archives: imf
Today’s Turning Point on ECM
Today’s Turning Point on ECM I have been warning that this turning point is not in markets, it is centered in government. The number of issues coming to a head are just mind-blowing from the Catalonia vote to separate from Spain to the resignation of Boehner with non-politicians leading not just in the USA, but […]
Look Out Below: Corporate Debt In Emerging Markets Has QUADRUPLED Since 2004
Look Out Below: Corporate Debt In Emerging Markets Has QUADRUPLED Since 2004 Debt has skyrocketed globally. And see this. Governments have – of course – dramatically increased their debt since 2008 to fund questionable actions. But 141 years of history shows that excessive private debt in and of itself can cause depressions. American corporations are piling on record amounts of debt. And see this. Private debt […]
Why Saudi Arabia’s Pursuit Of Market Share Is Self-Defeating
Why Saudi Arabia’s Pursuit Of Market Share Is Self-Defeating The Saudis are on track to sacrifice ~$100 billion in crude export revenues in 2015, or 45 percent of 2014’s ~$219 billion in crude export revenues, in pursuit of market share, the measure of success Saudi Oil Minister Ali bin Ibrahim Al-Naimi announced at the November […]
Inflation, the Fed, and the Big Picture
Inflation, the Fed, and the Big Picture CAMBRIDGE – Inflation – its causes and its connection to monetary policy and financial crises – was the theme of this year’s international conference of central bankers and academics in Jackson Hole, Wyoming. But, while policymakers’ desire to be prepared for potential future risks to price stability is understandable, they […]
Europe’s Biggest Bank Dares To Ask: Is The Fed Preparing For A “Controlled Demolition”
Europe’s Biggest Bank Dares To Ask: Is The Fed Preparing For A “Controlled Demolition” Why did we focus so much attention yesterday on a post in which the IMF confirmed what we had said since last October, namely that the BOJ’s days of ravenous debt monetization are coming to a tapering end as soon as 2017 (as […]
Whitewashing the IMF’s Destructive Role in Greece
Whitewashing the IMF’s Destructive Role in Greece This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from the eurozone. These countries face a common problem: how to resist the economic devastation that the European Central Bank (ECB), European Council […]
Trouble South Of The Border
Trouble South Of The Border Mexico’s vulnerabilities pose a huge risk to the U.S. Too big to fail is a seven-year phenomenon created by the most powerful central banks to bolster the largest, most politically connected US and European banks. More than that, it’s a global concern predicated on that handful of private banks controlling […]
Meanwhile In Greece, Pension Funds Tap Emergency Loans
Meanwhile In Greece, Pension Funds Tap Emergency Loans This has not been a great year to be a pensioner in Greece. Over the course of the country’s fraught bailout talks, Greece’s pension system was frequently in the troika’s crosshairs. As for PM Alexis Tsipras, pension cuts were generally considered to be a so-called “red line” […]
Ukraine fails to secure debt write-off at US talks
Ukraine fails to secure debt write-off at US talks Ukraine failed to convince its biggest creditors to significantly reduce its debt obligations during a ‘last chance’ two-day negotiation in San Francisco, California. The delegation from Kiev hoped to restructure some $19 billion in debt. The Ukrainian delegation was headed up by Illinois-born Finance Minister Natalie […]
Euro ministers give blessing to Greek bailout, wooing IMF on debt
Euro ministers give blessing to Greek bailout, wooing IMF on debt Euro zone finance ministers have agreed to lend Greece up to 86 billion euros ($96 billion) after Greek lawmakers accepted their stiff conditions despite a revolt by supporters of leftist Prime Minister Alexis Tsipras. Assuming approval by the German and other parliaments, 13 billion […]
Greeks: How did we lose our way?
Greeks: How did we lose our way? In the heart of Athens everyday Greeks show us how they face the hardship and constraints brought on by the crisis. For five years Greece has been mired in economic crisis, haunted by the spectre of expulsion from the eurozone. A Greek exit seemed closer than ever this […]
US Military Uses IMF and World Bank to Launder 85% of Its Black Budget
US Military Uses IMF and World Bank to Launder 85% of Its Black Budget Though transparency was a cause he championed when campaigning for the presidency, President Obama has largely avoided making certain defense costs known to the public. However, when it comes to military appropriations for government spy agencies, we know from Freedom of […]
Sorry Troika, Spain’s Economic Recovery Is “One Big Lie”
Sorry Troika, Spain’s Economic Recovery Is “One Big Lie” During six months of protracted and terribly fraught negotiations between Athens, Berlin, Brussels, and the IMF, the idea that Spain, Italy, and Ireland somehow represented austerity “success stories” was frequently trotted out as the rationale behind demanding that Greece embark on a deeper fiscal retrenchment despite […]
China Provides Another Threat to Oil Prices
China Provides Another Threat to Oil Prices First it was a stock market meltdown, now it’s a weakening currency. China continues to present significant risks to the oil market. On August 11, China decided to devalue its currency in an effort to keep its export-driven economy competitive. The yuan fell 1.9 percent on Tuesday, the […]
