IMF clears Sri Lanka second tranche loan of 329 mln dlrs

Despite the numerous ridiculous claims by the likes of Tamils Against [Non-existent] Genocide and the Human Rights Watch, the International Monetary Fund has approved the disbursement of the second...

India, China and Australia on economic recovery fast-track: IMF

The Washington based International Monetary Fund (IMF) on Thursday said that the three economies of India, China and Australia were recovering at a especially rapid pace, which suggests that there would be...

IMF Protesters Met With Tear Gas In Turkey

Police threw tear gas at the hundreds that protested the International Monetary Fund (IMF) and World Bank in Istanbul, Turkey on Tuesday. Some of the protesters threw fire bombs at a convention centre where leaders of the IMF and the World Bank were meeting. Bank windows were...

'Baltic sisters' struggle to survive Global recession

Three Baltic sisters - Lithuania, Latvia and Estonia is struggling to survive Global recession. Dalia Grybauskaite, Lithuania's new president, has admitted the country could be forced to seek help from IMF (International Monetary Fund). The finance ministry was considering...

IMF Board approves USD 2.6 billion loan for Sri Lanka

"IMF Board approves USD 2.6 billion loan for Sri Lanka Washington, PTI: Saturday, July 25, 2009 --> ...

IMF hiding Sri Lanka's Letter of intent

Despite opposition from US, UK and France, IMF approved the loan of 2.5 billion dollars to Sri Lanka.It is not clear how IMF will ensure the money will not be spent again on military and ethnic...

IMF Should Not Condone Abuses

The Human Rights Watch (HRW) has again asked the International Monetary Fund (IMF) to not condone the human right abuses committed by the Sri Lankan government by providing the funding. The Sri Lankan govenrment...

Niger Crisis escalating after EU suspends all aid to the Country.

By, Uwe Paschen. E.U. Suspends all aid to Niger and freezes all accounts. After Failure of the Niger Government to comply with EU demands as reported in an earlier post. (See links at the end of this post.)...

G8 leaders-Global Economy not stable enough to pull back Stimulus

Leader's of the world's eighth largest economies met today.  In a joint statement they agreed that the global economy is not stable enough to pull back on massive fiscal stimulus soon. In a statement obtained...

Campaign to stop IMF and war funding

Bill for supplemental war and IMF funding could be defeated

IMF says Sri Lanka loan talks in advanced stage

Proposal on the "infamous" International Monetary Fund(IMF) loan to Sri Lanka will be presented to the IMF board during the coming weeks.Meanwhile, the US Secretary of State Hillary Clinton also has pledged her...

US opposed to $2 bn IMF loan to Sri Lanka: Hillary Clinton

After Britain, the US is the second country which appears to be opposing the massive loan from the IMF to Sri Lanka, which is currently under consideration.Countries like Sri Lank begging for loans must first stop their war. They have enough money for weapons to kill their...

Critical reforms of IMF policies demanded

Critical reforms of IMF policies demanded Earlier this month the Group of Twenty (G-20) leaders had announced a USD 1.1 trillion booster-dose into the world economy by the end of 2010 through multilateral institutions like the International Monetary Fund (IMF). Health...

Desperate Farmers of a dying environment.

By, Uwe Paschen. Desperate Farmers.   For decades now Farm communities around the globe have been bleeding by several factors. Politics comes to mind as well as Industry and mismanagement by the WTO, the...

Borrow? No. We can give money to IMF: Indian Prime Minister

Indians are not so sure what does this mean.Some time back Indians learned that there is a huge fiscal deficit in the order of  Rs 23298 Crores in 2009 - 2010.Now this..Looks like that this is  another stunt aimed at the nearing election 2009"Prime Minister Manmohan...

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