As the world buckles yet again under the weight of misguided and corrupt political and monetary policies, the IMF is giving its imprimatur to the idea of banning cryptocurrencies.
Tag: IMF
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EGYPT’S CURRENCY FALLS AFTER IMF BAILOUT
The value of Egypt’s currency, the pound, fell 15 percent last week to a record low of 23.09 to the U.S. dollar after the central bank raised a key interest rate by two percentage points.
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HALF OF EUROZONE COUNTRIES WILL ENTER RECESSION
Thanks to the energy crisis sparked by Russia’s war in Ukraine and resulting Western sanctions, at least half of the 19 countries sharing the euro currency will enter a recession, Kristalina Georgieva, managing director of the International Monetary Fund, said in a 27 October Euronews interview.