The International Monetary Fund (IMF) has given the green light to release $4.7 billion for Argentina in a move tied to a comprehensive debt restructuring strategy, despite the nation falling short of benchmarks related to its $43 billion loan initiative. This decision was made public on Wednesday. Argentina is grappling with a profound economic crisis, considered the most severe in two decades. The... 

The concept of Central Bank Digital Currency (CBDC) – the opposite of decentralized crypto – whose purpose can be summed up as a way to keep financial power firmly cemented in the hands of governments and their central banks in the digital age, unsurprisingly has a staunch supporter in the International Monetary Fund (IMF). Both CBDCs and the IMF are global darlings and here, they come together,... 

During a presentation at a conference in Morocco, Kristalina Georgievahe the managing director of the International Monetary Fund (IMF) announced that the global body is “working hard on the concept of a global CBDC platform.” Georgieva declared that Central Bank Digital Currencies need to be interoperable between countries, noting “If we are to be successful, CBDCs could not be fragmented national... 

Leaked audio from 2016 shows then-Vice President Joe Biden threatening former Ukraine President Petro Poroshenko with assassination if he dared to cooperate with the incoming Trump administration. The threat was made two weeks after Trump’s electoral victory against Hillary Clinton. “This is getting very, very close to what I don’t want to have happen. I don’t want Trump to get in a position... 

The International Monetary Fund (IMF) has issued a warning about the future, which looks grim. If things continue as they are now – and they more than likely will – global food shortages will continue. The result will be supply issues and civil unrest, likely beginning in the Third World and spreading from there. Protests have already erupted in Peru due to unrelenting inflation, and this is probably... 

During an IMF “Debate on the Global Economy” Thursday, International Monetary Fund Director Kristalina Georgieva hinted that the world’s economic overlords may have screwed us all. Moderated by CNBC anchor Sara Eisen, European Central Bank President Christine Lagarde, U.S. Federal Reserve Chairman Jerome Powell, Barbados Prime Minister Mia Mottley, and Indonesian Minister of Finance Sri Mulyani... 

Crisis-hit Sri Lanka has announced that it will halt payments on its foreign debt as its dwindling reserves of dollars are needed to purchase food and fuel. “We have come to a situation where the ability to service our debt is very low. That’s why we decided to go for a preemptive default,” the newly appointed central bank governor, Nandalal Weerasinghe, announced during a briefing on Tuesday. The... 

Archbishop Carlo Maria Viganò has warned that the ‘New World Order’ are currently in the final stages of their coup d’état of humanity. “In the Russian-Ukrainian crisis,” the Archbishop writes, “we must clearly recognize and denounce the coup d’état of the deep state worldwide, which has worked to install the New World Order, involving the WEF, NATO, UN, the European Union, the IMF…” If... 

OHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!! MY!!!!!!!!!!!!!!!!!!!!!!!!!!!! GOD!!!!!!!!!!!!!!! Why should a PRIVATE bank have such money, power and influence? Why should a PRIVATE BANK condition foreign governments? How has it come to this in such a short period of time? Its not like this IMF bank existed in like forever or for 300-400 years or something. So how how did we humanity come to this, to have private... 

The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF. Chief of the International Monetary Fund Kristalina Georgieva has described the fearsome possibility of a repetition of the Great Depression, in light of today’s... 

Amid heated demonstrations and clashes with armor-clad riot police over new austerity measures, protesters stormed Ecuador’s parliament building – left empty after the government relocated – for a brief rally. Scores of protesters could be seen inside the national assembly building in videos posted to social media on Tuesday, some waving flags at the chamber’s podium, with others chanting... 

When it introduced the SDR, the Fund hoped to make it “the principal reserve asset in the international monetary system.” This remains an unfulfilled ambition; indeed, the SDR is one of the most underused instruments of international cooperation. Nonetheless, better late than never: turning the SDR into a true global currency would yield several benefits for the world’s economy and monetary... 

Jacob Rothschild has voiced concern about the global financial system that was established after WWII. The trillionaire Jewish banker points to the US-China trade war and eurozone crisis as the key problems putting economic order at risk. “In 9/11 and in the 2008 financial crisis, the powers of the world worked together with a common approach. Co-operation today is proving much more difficult. This... 

We live in a world fashioned by Washington, and as 2019 approaches the dire consequences remain woefully evident. In 1948 US State Department mandarin George Kennan – the man credited with devising the policy of containment vis-à-vis the Soviet Union at the end of WWII, – laid bare the focus of US foreign policy in the postwar period: “We have about 50 percent of the world’s wealth, but only... 

A 2.4 kg chicken is worth 14,600,000 bolivars, or $2.22. Inflation in communist Venezuela this year could top one million percent, the International Monetary Fund (IMF) predicts. This gallery puts the buying power of today’s bolivar into perspective. A kilogram of meat costs 9,500,000 bolivars, or the equivalent of $1.45. Hyperinflation destroys purchasing power of money and encourages hoarding...