The IMF may be reluctant to dictate domestic policy. Yet, as Rogoff explains, the IMF does not give out (free) grants, but loans.
It is unlikely that the new bill will repudiate the onslaught of repercussions as a result of Moreno coercing Ecuador into IMF allegiance, Ramona Wadi writes.
The cynic in me says the foot-dragging by the Bank of Russia is the final vestige of US infiltration in Russia’s institutions rearing its ugly head. That fight is ongoing, but the recent drops in the benchmark rate are a good start.
For many years I have examined how wars of all types have been used by the money elite to distract the masses and maintain a certain level of influence over social and political systems. But war is not only a useful tool for keeping the status quo. Some wars, particularly world wars, are often catalyzed and exploited by those with a globalized agenda as a way to change the way civilizations function and think. The goal? To influence the masses to abandon their attachments to concepts like individualism, nationalism, free markets and sovereignty, and to embrace collectivism and total globalization.