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Ukraine’s Economy Would Have Collapsed Without Russian Aid – IMF Chief

News | 04.04.2014


 

Everyday Life of Superpower or What US Needs Syria for?

According to World Bank expert Eric Schwaitzern, a wave of city bankruptcies is expected to hit the United States in the next three years possibly triggering sovereign default. Today over 450 US cities are on the verge of going broke, including Los Angeles, San Diego and others. The «ghost city» Detroit started «the parade of defaults» that may be expedited in October to last all year long... Washington appears to get ready for emergency. Richard Preston, leader of the Confederate White Knights of KKK, called on Americans to get together in a civil war against Barack Obama and his supporters and do it in October, when the country marks the 150th anniversary of Gettysburg...

Nikolai MALISHEVSKI | 07.10.2013


 

Christine Lagarde in Tokyo: Slip of the Tongue or Carefully Planned Announcement?

The Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group was held in Tokyo on October 12-13. The conventions tend to be fairly technical in character, but, due to at least a couple of reasons, the latest one was an exception from the rule. First, the speakers in Tokyo seemed to have shed their usual pretense of optimism... Secondly, serious concerns simply had to arise in connection with a certain cryptic passage in a contribution to the debate made by IMF Managing Director Christine Lagarde. «Without growth, the future of the global economy is in jeopardy, and perhaps the greatest roadblock will be the huge legacy of public debt, which now averages 110% in advanced economies, pretty much wartime levels», said Lagarde. One is tempted to read the above as a warning that the epoch of peace is about to end and the world currently finds itself on the brink of a major war...

Valentin KATASONOV | 15.10.2012




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OUR COLUMNIST
    Melkulangara BHADRAKUMAR

US’ Skewed Policy Priorities

The US State Department has maintained that continuity rather than change in the American policy is what should be expected in the aftermath of the killing of photojournalist James Foley by the Islamic State of Iraq and Syria early this week. The State Department’s media briefings insisted that there has been an «ongoing policy initiative», an «ongoing effort» on the part of Washington  to meet the ISIL threat and «we will continue doing what we’re doing in Iraq.» So, on Wednesday, the US military took an additional 14 air strikes around the Mosul Dam...

23.08.2014
 
 
 
 
 
 
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