Officials of the International Monetary Fund (IMF) made an unscheduled visit to Pakistan last week to discuss a possible $7-billion bailout amid imminent dangers to the country’s fiscal stability.
Tag: IMF
Post
RUSSIA’S CENTRAL BANK JACKS INTEREST RATE TO 20-YEAR HIGH
The Bank of Russia has raised its key interest rate to 21 percent, the highest since 2003, as runaway military spending pushes inflation’s pace to an average of 8.8 percent this year, bank governor Elvira Nabiullina said in a press briefing.
Post
WORLD’S GROWTH SHIFTING TOWARD BRICS NATIONS, IMF SAYS
China will account for 22 percent of global economic growth over the next five years and India 15 percent, according to the International Monetary Fund’s (IMF’s) new economic outlook report.
Post
U.S. PREPARED TO STEAL $20B IN RUSSIAN PROFITS TO HELP FUND G7 LOAN FOR UKRAINE
The U.S. is prepared to provide the Group of Seven [G7] with about $20 billion in interest from Russian assets that have been frozen since the start of the Ukraine War.
Post
EL SALVADOR CONTINUES TO BLAZE ITS OWN BITCOIN TRAIL
The International Monetary Fund (IMF) isn’t happy. But El Salvador under President Nayib Bukule is solidifying its pro bitcoin policies, meant to provide a stable reserve to the country, and to allow citizens to transact in the most recognized and widely held crypto asset.
Post
GERMANY AGING LIKE JAPAN, WHILE PUTIN OFFERS RUSSIA AS HAVEN FOR DISAFFECTED WESTERNERS
Europe is dying, not just from yet another calamity of war, but because of the calamity of twisted Western modernity.
Post
EUROPE’S ELECTION WINNERS FACE DRASTIC CONFLICTS
The U.K. and France both elected new parliaments this month and the new governments already face seemingly impossible tasks: fulfilling their mandates for dramatic changes while struggling with massive public debt, which has metastasized far beyond pre-COVID levels.
Post
GOVERNMENT DEBT SETS RECORD AT $97 TRILLION
Worldwide, governments at all levels now owe a record $97 trillion, the UN Trade and Development Organization reported last week.
Post
IMF WARNS WEST THAT STEALING PROFITS FROM RUSSIAN ASSETS CAN UNDERMINE GLOBAL MONETARY SYSTEM
The International Monetary Fund warned last week that the Western push to confiscate Russian assets or the interest on these funds could dramatically undermine the global monetary system.
Post
TOP TREND 2023, OFFICE BUILDING BUST: IMF WARNS OF LOOMING CRISIS IN COMMERCIAL REAL ESTATE
While old news to Trends Journal subscribers, the International Monetary Fund (IMF) has become the latest entity to warn of a pending crisis in commercial real estate, a trend we have been warning about since the beginning of the COVID War in our continuing series, Office Building Bust.