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Losing Credibility - The IMF’s New Cold War Loan to Ukraine

In April 2014, fresh from riots in Maidan Square and the February 22 coup, and less than a month before the May 2 massacre in Odessa, the IMF approved a $17 billion loan program to Ukraine’s junta. Normal IMF practice is to lend only up to twice a country’s quote in one year. This was eight times as high.


ECB resists Irish plan to repay IMF bailout loans early

Ireland’s plan to repay its IMF loans early is facing resistance from the European Central Bank amid continuing concerns that last year’s promissory note deal was bordering on monetary financing.

When it comes to austerity, Germans want it both ways

Dr Eckhard Lubkemeier, the outgoing German ambassador to Ireland, who explained that it had been in Ireland's best interests to take the EC/ECB/IMF bailout rather than burn the bondholders and walk away.

IMF warns of adverse effects of anti-Russia sanctions

The International Monetary Fund (IMF) has warned that the sanctions imposed on Russia over the ongoing crisis in Ukraine would have adverse effects on a global scale.

Obama's Ukrainian Ploy Collapses - Ukraine Now Seeks Direct U.S. Bailout

The Ukrainian leadership has resigned, because of their unwillingness to impose the IMF's terms, which would impoverish the population within months. That impoverishment would be extracted from the Ukrainian public in order to repay the IMF's loans, which had been skimmed off by Ukraine's oligarch billionaires into secret bank accounts in Switzerland and other tax-havens.

IMF package for Ukraine "not enough", minister says

Ukraine's deputy prime minister told international donors on Tuesday that a $17 billion International Monetary Fund bailout was "not enough" because of "unprecedented Russian-inspired aggression".


Euro austerity to fling Ukraine into new Maidan

The drama in Ukraine is far from the finale -- as the country stands on the brink of civil war, Russia and the West are stirring up the rhetoric. But while politicians blame each other, money still plays a key role in worldly affairs. What will the Ukrainian crisis mean for the world's finances? Won't the US-proposed sanctions be the last straw for the already weakened world economy?

'Euro austerity to fling Ukraine into new Maidan' - investment expert

Swedish finance minister says IMF's Ukraine bailout too small

While the IMF prepares an $18 billion rescue package for Ukraine, Sweden's minister of finance, Anders Borg, says that is not enough to stabilise the country.

Will the IMF Bailout Turn Ukraine Into Another Greece?

When the International Monetary Fund announced a tentative loan agreement with Ukraine last month, the move was widely acclaimed as vital to saving the country’s struggling economy. Headlines trumpeted the decision to “help” Ukraine with a $14–18 billion “financial lifeline.”

Regime Change in Ukraine and the IMF’s Bitter "Economic Medicine"

In the days following the Ukraine coup d’Etat of February 23, leading to the ousting of a duly elected president, Wall Street and the IMF–in liaison with the US Treasury and the European Commission in Brussels– had already set the stage for the outright takeover of Ukraine’s monetary system. The EuroMaidan protests leading up to “regime change” and the formation of an interim government were followed by purges within key ministries and government bodies.

IMF rejects claims it sought to compromise Irish judiciary

The International Monetary Fund (IMF) has rejected claims by EU justice commissioner Vivian Reding that it threatened the independence of the Irish judiciary in seeking to place a regulator for the profession under the aegis of the Department of Justice.

EU offers Ukraine $15 billion, but help hinges on IMF deal

The European Union offered a larger than expected package of aid to Ukraine on Wednesday, saying it was willing to provide $15 billion in loans and grants over the next several years to help get the shattered economy back on its feet.

Target: Ukraine -- How foreign intervention is tearing the country apart

As geopolitical analysts from across the board explain, the Ukrainian coup has been deliberately provoked by outside agents to promote a combination of US, EU, NATO and IMF interests. Perhaps more worrying than the interference itself are its potential implications. As Russia's every move is now being scrutinized for a possible military response to the ongoing crisis, the specter of a larger military operation now hangs over Eastern Europe.

Target: Ukraine -- How foreign intervention is tearing the country apart

Ukraine hopes for aid soon, PM says will meet IMF reform conditions

Ukraine’s newly minted central bank head and prime minister have said they hope to receive international financial aid soon and right now they have enough foreign currency reserves to cover their debt repayments.

Spain's record wage cuts not enough: IMF

The International Monetary Fund has asked Spain to further reduce salaries even though it has already slashed average wages by 20 percent over the past two years - the fastest drop in the country's democratic history.

Austerity Isle: Emigration from Ireland skyrockets despite IMF bailout

From verging on bankruptcy a few years ago, things are looking up for Ireland. But while it recently exited its international bailout from the IMF, it's not stopping young adults exiting the country. Statistics show emigration numbers from the Emerald Isle are only rising, as people look to leave continued austerity behind.

Austerity Isle: Emigration from Ireland skyrockets despite IMF bailout

Bulgaria's embattled PM moves to win IMF backing

The International Monetary Fund on Wednesday backed the efforts of Bulgaria’s embattled Prime Minister Plamen Oresharski to maintain macroeconomic stability in the European Union’s poorest country amid continuing street discontent.

Debt load of PIIGS countries far heavier now than four years ago

As the euro zone's weakest members crawl out of their longest recession in modern history, their prospects of recovery are weighed down by a crushing mountain of debt far heavier than before four years of financial crisis.

Greece says can't take any more austerity, will not be 'blackmailed'

Greece's president used an annual commemoration of the country's stand against fascism in World War Two on Monday to warn that Athens would not yield to pressure from foreign lenders to impose more austerity.

Greeks 40% poorer in 5 years, incomes down 30%

Greeks are nearly 40 percent poorer than 5 years ago, with disposable incomes down by a third since the country entered into recession. Financial struggles linger after the 2008 crisis,and the government austerity measures haven't yielded promised growth.

International Monetary Fund told to vacate the country; nation now issuing debt-free money

Hungary is making history of the first order. Not since the 1930s in Germany has a major European country dared to escape from the clutches of the Rothschild-controlled international banking cartels. This is stupendous news that should encourage nationalist patriots worldwide to increase the fight for freedom from financial tyranny.

How the Troika got €220m in fees from the Irish taxpayer

The Irish taxpayer has paid more than €220m in fees to the EU and IMF – on top of massive interest payments for our multibillion-euro bailout.

Ireland seeks ongoing financial support after end of bailout

Dublin is preparing to establish terms for ongoing aid to avert a potential financial collapse as the end of Ireland’s three-year bailout programme from the troika of the European Union (EU), European Central Bank (ECB) and International Monetary Fund (IMF) approaches. This will be a second bailout in all but name.

Starvation & poverty result from Greek bailout

After having forced through further austerity measures Greece is set to receive its next bailout instalment. The bailout comes at the expense of thousands of public sector jobs. A rescue loan of 4 billion euros will come from the eurozone and European central banks. The IMF is also expected stump up a further 1.8 billion. To get the loans, Athens will have to fire 4000 civil servants by the end of the year. Greece has been relying on rescue funds for over three years now, but as financial expert Patrick Young explains, it's done little to cure the country's financial woes.

'Starvation & poverty result from Greek bailouts'

Constitutional crisis pushes Portugal closer to the brink

Portugal's borrowing costs have spiked dramatically after key political parties failed to agree on a national salvation front, raising the risk of a snap election and an anti-austerity revolt.

Greece given more time to meet targets

The deadline international lenders have set for Greece to meet its debt-cutting targets has reportedly been extended by two years.

Imminent Monetary System Collapse - Sh Imran Hosein

Obama has bought enough time for US dollar, time is up. Dr Mohamed Mahathir says the western world is taking the rest of the world for a ride.

Imminent Monetary System Collapse - Sheikh Imran Hosein

IMF's epic plan to conjure away debt and dethrone bankers

So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.

Friction at IMF meeting as global economic outlook worsens

The annual meeting of the International Monetary Fund (IMF) and World Bank, which concluded in Tokyo yesterday, was marked by growing divisions between the major powers amid a worsening outlook for the world economy.

Before the meeting even began, tensions between China and Japan over the disputed Senkaku/Diaoyu islands in the East China Sea led to a decision by China’s central bank governor Zhou Xiaochuan not to attend.

Serbia Raises Taxes to Meet IMF Demands

In a revised 2012 budget that was adopted by the Serbian parliament on Tuesday (September 25th), the country's tax revenue will increase to 7.2 billion euros, up 3.3 percent from the previous budget, while the deficit will drop to 1.7 billion euros, or 6.2 percent of the country's GDP.


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