Bolivian President Luis Arce on assassination plot against him, 2019 US-backed coup, rejection of IMF

On this episode, we speak to the president of Bolivia, Luis Arce. He discusses the position of developing Global South countries at COP26 against ‘green capitalism’ in the fight against climate change, the centrality of Bolivia’s lithium reserves in the US-backed coup by Jeanine Anez and the UK’s role in supporting it, the assassination plot … Read More >Bolivian President Luis Arce on assassination plot against him, 2019 US-backed coup, rejection of IMF

Lebanon to receive $1.1bn from IMF reserve to help its struggling economy after forming government following 13-month deadlock

The Lebanese government has said it will receive $1.135 billion in International Monetary Fund (IMF) Special Drawing Rights as the newly formed government tries to tackle the worst economic collapse in decades. … Read More >Lebanon to receive $1.1bn from IMF reserve to help its struggling economy after forming government following 13-month deadlock

China will be the only major economy to see growth this year as world braces for long recovery from Covid-19 crisis – IMF

With most of the world facing a deep recession due to the coronavirus pandemic, China will be the only major economy to climb back from the depths of the historic crisis in 2020, according to the International Monetary Fund (IMF). … Read More >China will be the only major economy to see growth this year as world braces for long recovery from Covid-19 crisis – IMF

How COVID-19 may help IMF to reshape global economy (Full show)

The International Monetary Fund (IMF) is offering loans to the world’s poorest 81 countries to help them rebuild their devastated economies, still reeling from the COVID-19 pandemic. But accepting such loans paves the way for increased austerity, privatization, and greater income inequality. … Read More >How COVID-19 may help IMF to reshape global economy (Full show)

Bye bye, Benjamins! Global de-dollarization drive continues, boosting gold demand to record highs

New data from the International Monetary Fund (IMF) show that the process of the shift away from the dollar standard resumed in the second quarter of the year, with the share of the US currency in global reserves falling sharply. … Read More >Bye bye, Benjamins! Global de-dollarization drive continues, boosting gold demand to record highs

IMF “Economic Medicine” Contributes to Health Crisis in Africa: Shortage of Health Workers

As I have told my friends for many years, the International Monetary Fund (IMF) is incapable of helping nations grow their economies. I do not believe the IMF can point to any success story, where its policies led to improving the standard of living of the population. … Read More >IMF “Economic Medicine” Contributes to Health Crisis in Africa: Shortage of Health Workers