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Greek government faces revolt over second wave of austerity measures
Greek protesters hold a demonstration in front of the old university in Athens, Greece, on May 31, 2011. The protest was organized by Greek academics against austerity measures and was joined by thousands of Greek citizens.
Greek prime minister outlines programme of state sell-offs and further belt-tightening.
With protests dividing his own party and tens of thousands taking to the streets, Greece’s...
Russia Says IMF Chief Jailed For Discovering All US Gold Is Gone
A new report prepared for Prime Minister Putin by the Federal Security Service (FSB) says that former International Monetary Fund (IMF) Chief Dominique Strauss-Kahn was charged and jailed in the US for sex crimes on May 14th after his discovery that all of the gold held in the United States Bullion Depository located at Fort Knox was ‘missing and/or unaccounted’ for.
According to this FSB secret...
Former IMF chief Strauss-Kahn says Putin framed him
The former world finance chief accused of rape believed he was the target of a plot organised by Russian PM Vladimir Putin, it was claimed yesterday.
A colleague said Dominique Strauss-Kahn told him the Russians wanted him fired as boss of the International Monetary Fund.
And the 62-year-old Frenchman, facing charges of trying to rape a hotel maid in New York, accused France and Russia of hatching...
IMF head Dominique Strauss-Kahn charged over New York sex crime
Dominique Strauss-Kahn was pulled off an Air France flight by the NYPD.
The head of the IMF has been charged with a criminal sexual act, attempted rape and unlawful imprisonment, following allegations made by a hotel maid in New York.
Dominique Strauss-Kahn was taken into custody at JFK airport after being pulled from the first-class cabin of a flight to Paris just minutes before take-off.
The 62-year-old...
IMF bombshell: Age of America nears end
The International Monetary Fund has just dropped a bombshell, and nobody noticed.
For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.
The Obama deficit tour
The Wall Street Journal editorial page’s Steve Moore critiques the president’s speeches attacking Republican budget...
France wants new global finance system
Christine Lagarde wants changes on world's finance system.
France will help the transition to a global financial system based on ‘several international currencies’, the French Economy Minister said today.
France, as current head of the Group of 20 countries, will help the transition to a global financial system based on ‘several international currencies’, French Economy...
IMF calls for dollar alternative
The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.
The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.
SDRs represent potential claims on the currencies of IMF members. They were created by the IMF in 1969 and can be converted into whatever currency a borrower requires...
IMF issues new warning on Eurozone economy
Luc Everaert
The International Monetary Fund this morning released its latest review of the eurozone economy, a collection of 16 countries that, judging from the report’s conclusions, are becoming the continent’s new Brothers Grimm.
Growth is slow — and at risk of getting slower because bank credit has dried up. The banks themselves are undercapitalized and far too dependent on government...
Greece puts its islands up for sale to save economy
Greece is raising cash by selling off an area of state-owned land on Mykonos for luxury tourism.
Desperate attempt to repay debts also driven by inability to find funds to develop infrastructure on islands.
There’s little that shouts “seriously rich” as much as a little island in the sun to call your own. For Sir Richard Branson it is Neckar in the Caribbean, the billionaire Barclay...
Bilderberg Global cabal pushes agenda before meeting in Sitges, Spain
Bilderberg-controlled news outlets in Europe and the Western Hemisphere are conditioning the public to accept two of the super-secret elite’s major goals in advance of its meeting June 4-7 in Sitges, Spain: a U.S. attack on Iran and a financial bailout of Greece and other European Union (EU) countries.
But even before the Bilderberg group gathered behind the sealed-off, guarded Dolce Hotel in Sitges,...
Fed to Ship Dollars to “Crisis-Wracked” Euro Zone
TODAY THE FEDERAL RESERVE, America’s private central bank, began to ship billions of dollars to the central bankers of Europe in an attempt to stem the fall in the value of the euro created by Greece’s debt crisis. The total value of the deal could easily top $1 trillion according to experts. Americans — suffering from high unemployment and a tanking economy themselves — are expressing...
Romania's public wages drop 25%, pensions drop 15%
VAT and the flat tax remain unchanged, while wages in the public sector will drop 25%, President Traian Basescu announced on Thursday, after a meeting with IMF experts and politicians from the governmental coalition.
Here are the main ideas put forward by the Romanian president:
* There are 3 million people working the real economy and public sector spending transferred on those who work. The...
ADL Calls For Major Law Enforcement Operation To Deal With Obamacare Critics
Obama: Value-added tax still on the table despite White House assurances otherwise, campaign promise not to raise taxes for families earning under $250,000 a year
The global banking elite are preparing to assault Americans with two huge new tax increases as President Obama contradicts the assurances of White House aides and his own campaign trail promise by asserting that a VAT tax is still on the...
Head of IMF Proposes New Reserve Currency
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.
“That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now,” he said in a speech on the future mandate of...
IMF Chief wants to "End Dollar Dominance"
While Strauss-Kahn is enjoying the benefits of American citizenship, he is working to stab America in the back by wanting to end the US Dollar. Should we also mention that he was involved in a sex scandal?
The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the...