This “U.S. coup manual,” recently highlighted by WikiLeaks, serves as a reminder that the so-called “independence” of such financial institutions as The World Bank and IMF is an illusion and that they are among the many “financial weapons” regularly used by the U.S. government to bend countries to its will. In a leaked military manual…
The right-wing opposition leader that the United States is trying to undemocratically install as Venezuela’s president immediately set his sights on the country’s state-owned oil company, which he is hoping to restructure and move toward privatization. He is also seeking money from the notorious International Monetary Fund (IMF) to fund his unelected government. On January…
I continue to wonder who Bank of Russia President Elvira Nabuillina works for. Seriously. On Friday, in response to solid growth in Russian economic statistics over the past few months, Nabuillina again raised interest rates 0.25%. She still adheres to idiotic IMF-style ‘inflation targeting’ dogma. Price inflation in Russia finally got off the roughly 2.5%…
The big push is on to convert Greece into a bastion of liberal democracy and godlessness. At least this is what the latest news from Athens presages. Prime Minister Alexis Tspiras may have gone one step too far in his quest to undermine the Orthodox church. Already under fire for failing at nearly every one…
As key representatives of the three chief villains of international finance, the IMF, World Bank (WB) and World Trade Organization (WTO) met on the lush resort island of Bali, Indonesia, they warned the world of dire consequences in terms of reduced international investments and decline of economic growth as a result of the ever-widening trade…
The IMF tightens the vice Decades of domestic mismanagement in respect of the Pakistani economy appears to have forced Islamabad back to the International Monetary Fund (IMF) for a new bailout to stop Pakistan’s current account deficit from causing a major economic crisis. While Prime Minister Imran Khan recently stated that he will approach three…
