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Home→Categories Imperialism→Institutions of global governance→International Monetary Fund (IMF)  
 

Category Archives: International Monetary Fund (IMF)

The Discreet Charm of the IMF: Considerations of Class Power in Argentina

Aldeilis (EN) Posted on 7. November 2019 by aemmett7. November 2019

In Buñuel’s masterwork, the bourgeoisie affect to live apart from the swamp of political discord, sailing merrily past on a carpet of propriety and shared luxury. Yet they are again and again foiled in their efforts to exile the messiness of the political from their midst. This is precisely what neoliberal financiers hope to do in Argentina and elsewhere, to smuggle in their extractive policies behind a slew of altruistic platitudes and economic casuistry, hoping the commoners will leave their fates to the experts.

Read more . . .

Greece: Truth Committee on Public Debt – Preliminary Report

Aldeilis (EN) Posted on 13. July 2015 by aemmett13. July 2015

All the evidence we present in this report shows that Greece not only does not have the ability to pay this debt, but also should not pay this debt first and foremost because the debt emerging from the Troika’s arrangements is a direct infringement on the fundamental human rights of the residents of Greece. Hence, we came to the conclusion that Greece should not pay this debt because it is illegal, illegitimate, and odious.

Read more . . .

Game with No Rules: Legal Imperialism against Russia (I)

Aldeilis (EN) Posted on 17. February 2015 by aemmett17. February 2015

The term legal imperialism was coined in relation to the Argentina’s public debt. A New York court admitted a number of private claims to hand down a verdict. By a stroke of hand a judge increased the country’s debt up to $120 billion, according to experts’ estimates. The essence of legal imperialism is the support rendered by Anglo-Saxon legal system to financial vultures.

Read more . . .

The Russian Loan and the IMF’s One-Two Punch: Ukraine Denouement

Aldeilis (EN) Posted on 17. February 2015 by aemmett17. February 2015

The fate of Ukraine is now shifting from the military battlefield back to the arena that counts most: that of international finance. Kiev is broke, having depleted its foreign reserves on waging war that has destroyed its industrial export and coal mining capacity in the Donbass (especially vis-à-vis Russia, which normally has bought 38 percent of Ukraine’s exports). Deeply in debt (with €3 billion falling due on December 20 to Russia), Ukraine faces insolvency if the IMF and Europe do not release new loans next month to pay for new imports as well as Russian and foreign bondholders.

Read more . . .

West’s agri-giants snap up Ukraine

Aldeilis (EN) Posted on 29. January 2015 by aemmett29. January 2015

As unusual as it may seem, the appointment of Natalie Jaresko, a US-born and educated businesswoman, is consistent with what looks more like a takeover of the Ukrainian economy by Western interests. In two reports – “The Corporate Takeover of Ukrainian Agriculture” and “Walking on the West Side: The World Bank and the IMF in the Ukraine Conflict” – the Oakland Institute has documented this takeover, particularly in the agricultural sector.

Read more . . .

Dominique Strauss-Kahn says ‘stockpiling’ special drawing right would create a more stable global monetary order

Aldeilis (EN) Posted on 12. July 2011 by Administrator12. July 2011

  DSK moots reserves role for SDR   IMF’s Strauss-Kahn says ‘stockpiling’ special drawing right would create a more stable global monetary order   Author: Central Banking Newsdesk Source: Central Banking | 11 Feb 2011 http://www.centralbanking.com/central-banking/news/2025799/dsk-moots-reserves-role-sdr   Dominique Strauss-Kahn, the managing director … Read more . . .

Libya’s Self-Sufficiency — Risk To Central Banks

Aldeilis (EN) Posted on 28. April 2011 by Administrator28. April 2011

Libya’s Self-Sufficiency — Risk To Central Banks April 15th, 2011   (snippet) From Information Clearinghouse ……..According to a Russian article titled “Bombing of Libya – Punishment for Ghaddafi for His Attempt to Refuse US Dollar”, Gaddafi made a similarly bold … Read more . . .

IMF to introduce the ‘Bancor’ – the new one world currency

Aldeilis (EN) Posted on 10. February 2011 by Administrator8. February 2014

IMF TO INTRODUCE THE ‘BANCOR’ – THE NEW ONE WORLD CURRENCY Posted by Israel Ndukwe on September 2, 2010 at 7:24am in Revelations If the International Monetary Fund gets its way, the U.S. dollar will be replaced by the “bancor” … Read more . . .

Exclusion and Exploitation: the IMF in Global Governance

Aldeilis (EN) Posted on 10. February 2011 by Administrator29. April 2014

Exclusion and Exploitation: the IMF in Global Governance Written by Pia Bradshaw, May 18, 2009 http://www.e-ir.info/?p=1313 Discuss how western capitalist institutions like the IMF have brought increasing exclusion and exploitation for the poorer regions of the world and suggest alternative … Read more . . .

IMF Director: Global Governance (NWO) Is A Reality. We’re Entering the Second Phase

Aldeilis (EN) Posted on 10. February 2011 by Administrator10. February 2011

IMF Director: Global Governance (NWO) Is A Reality. We’re Entering the Second Phase by Peter Santilli, November 19, 2010 Source Federal Reserve Chairman Ben Bernanke sits idly beside IMF Managing Director Dominique Strauss-Kahn as he proclaims the beginning of global … Read more . . .

G-20 and IMF Officials Institutionalize Economic Global Governance

Aldeilis (EN) Posted on 10. February 2011 by Administrator10. February 2011

G-20 and IMF Officials Institutionalize Economic Global Governance by Jim Kelly Wednesday, April 28, 2010(Global Governance Watch) In particular, we are floating the idea of a new multilateral surveillance procedure. . . . I believe the world is ready for a shift … Read more . . .

Global Governance: New Players, New Rules

Aldeilis (EN) Posted on 10. February 2011 by Administrator10. February 2011

Global Governance: New Players, New Rules Why the 20th-century model needs a makeover by James M. Boughton and Colin I. Bradford, Jr. IMF PUBLICATION (2007) … Read more . . .

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