Tag: International Monetary Fund

The ” Lagarde List “

Editor’s Note (Ralph Turchiano) Re-Post Request for cross reference HSBC and Panama files. Original Post date 28 October 2012 Engineering Evil : Authenticity Still Requires further verification Being on a List does not imply guilt Current Source Info: Zougla Keep Talking Greece “Clicking on each image will open an […]

Will the IMF headquarters move to Beijing?

(People’s Daily Online)    09:19, June 17, 2014 The International Monetary Fund’s headquarters may one day move from Washington to Beijing, aligning with China’s growing influence in the world economy, the fund’s managing director Christine Lagarde said early this month. Attaching importance to China Christine Lagarde made the statement […]

EU to help Ukraine pay Russian gas bill

EEV: ? 04 Mar   2014 Brussels (AFP) The European Union will help Ukraine pay the $2.0 billion it owes to Russian gas giant Gazprom, a top official said Tuesday, as part of an aid package reportedly worth more than one billion euros. EU Energy Commissioner Guenther Oettinger said […]

Joint statement on Ukraine from the the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States and the President of the European Council and President of the European Commission

EEV: This looks more like a form letter, than a truly diplomatic response. Historically this may go down as one of the most shockingly tepid responses to military aggression in history. See below a joint statement from the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom and […]

Hungary tells IMF to leave after paying out loan

  Tuesday, 16 July 2013 Hungary has announced plans to repay its bailout loan from the International Monetary Fund early and asked the organization to leave the country. The head of Hungary’s Central Bank Gyorgy Matolcsy wrote a letter to IMF Managing Director Christine Lagarde on Monday asking […]

Unrest may spread across Europe, warns Red Cross chief

Charity boss ‘worried’ by effect of austerity measures on Continent’s poor Charlotte McDonald-Gibson Friday, 24 May 2013 Rocketing unemployment and poverty in some areas of Europe could lead to rising civil unrest, unless governments take measures to address the humanitarian consequences of austerity measures, the secretary-general of the […]

World’s first bitcoin ATM in Cyprus?

By Poly PantelidesPublished on March 28, 2013   AN ENTREPRENEUR has announced he is keen to introduce in Cyprus the world’s first ATM for virtual currency, bitcoin, which is not regulated by a central bank but has instead been growing via its online peer-to-peer community. Jeff Berwick, founder […]

IMF/EU will steal €100m from the Church

Church says it will lose €100m Published on March 26, 2013   The Church stands to lose more than 100 million euros in the bailout deal reached with international creditors early Monday, its leader Archbishop Chrysostomos said. “The capital owned by the Church, which was over 100 million […]

Cyprus rescue in chaos as MPs reject bail-out

Nation could face bankruptcy within weeks after terms of £10bn package are voted down Charlotte McDonald-Gibson, Nathalie Savaricas Tuesday, 19 March 2013 Cyprus stood on the brink of bankruptcy tonight after its parliamentarians voted down a bailout deal that would have taxed ordinary savers. The decision sets up […]

Cyprus: panic as savings levy is imposed

Cypriots rush to ATMs before savings are docked as part of a bailout deal agreed in Brussels Paul Gallagher and Helena Smith guardian.co.uk, Saturday 16 March 2013 15.14 EDT Cyprus’s rightwing leader Nicos Anastasiades believes his country will default following the move, and threaten to unravel investor confidence […]

Spain protesters accuse EU of servility to markets

16   Mar    2013 MADRID (AFP) Thousands of protesters marched Saturday in Madrid and other cities in Spain against European Union leaders’ handling of the financial crisis, condemning “an EU that belongs to the markets”. The marches, organised by Spain’s “indignados” protest movement, came after Cyprus announced it would […]

EU economy commissioner warns over Cyprus euro exit

  Cyprus’s new President Anastasiades stands next to his predecessor Christofias at the presidential palace in the capital Nicosia. AFP Sunday, Mar 03, 2013 BERLIN – European Economic Affairs Commissioner Olli Rehn has warned that debt-riven Cyprus could exit the eurozone without a bailout in an interview with […]

Qatar steps in to ease Cairo cash crisis

    Qatar has lent Cairo a further £1.25bn and donated an extra £300m in an effort to control a currency crisis prompted by Egypt’s political turmoil. Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani announced the doubling of funds after meeting Egypt’s President Mohamed Morsi in Cairo. […]