On February 18, 2010, Anadarko Moçambique—a subsidiary of Anadarko Petroleum (bought by Occidental Petroleum in 2019)—discovered a massive natural gas field in the Rovuma Basin off the coast of northern Mozambique. Over the next few years, some ...
The first oil tanker that came from Iran’s Bandar Abbas port into the Caribbean is called Fortune. The tanker entered Venezuelan waters on May 24 and was then escorted by the Venezuelan Navy and Air Force ...
(David Swanson) John Perkins, author of Confessions of an Economic Hit Man and this TED Talk, has a new book called Touching the Jaguar. You can pre-order it here and get an online workshop and other bonus materials that I haven’t ...
The IMF refused a COVID–19 emergency loan to Venezuela unless it agreed to overthrow President Maduro and installs the Washington-backed Juan Guaidó. (By: Alan Macleod, Mintpress News) Earlier this month, the International Monetary Fund (IMF) ...
Reports out of Iran and Venezuela detail the devastating impact American sanctions are having on the two countries as they seek to prevent mass death and overwhelmed health services amid the global Coronavirus crisis. Reports ...
“The IMF is anyway very predictable when it comes to their policy recommendations. It’s almost always a combination of austerity, privatizations, revisiting the currency regime.” On Wednesday, the Lebanese government requested the International Monetary Fund ...
Will there be room to start a conversation now about the divergence between IMF policy and democracy? Each year, the board of the International Monetary Fund (IMF) gathers at its headquarters in Washington, D.C. This ...
As Ecuador endures a financial crisis, protesters took to the streets to express their anger at newly imposed IMF-forced austerity measures. An International Monetary Fund (IMF)-backed austerity program that cut a decades-long fuel subsidy and ...
Egypt’s economy is bouncing back from years of political turmoil and uncertainty with impressive economic growth rates. After India and Uganda, Egypt is ranked as the world’s third fastest-growing economy for the upcoming ten years, ...
“The World Bank will be deeply involved, and we are preparing for that, but the situation is still troublesome on the ground.” Both global lenders, the World Bank (WB) and the International Monetary Fund (IMF), ...
“Some of the best weapons do not shoot,” said a leaked U.S. military guidebook referencing how the U.S. relies on financial institutions such as the International Monetary Fund (IMF) and the World Bank (WB) to ...
As trade disputes threaten to upset the balance of the world economy, Indonesia held the annual meeting between the International Monetary Fund and the World Bank. On Sunday, the annual meeting of the International Monetary ...
Saudi Arabia, Kuwait and the United Arab Emirates have agreed to provide a $2.5 billion economic package to Jordan, aimed at solving the economic crisis that triggered anti-austerity protests across the country for the past ...
The International Monetary Fund (IMF) has agreed to provide a three-year $50 billion stand-by agreement (SBA) to Argentina to help boost the Latin American nation out of a currency crisis. The amount is the largest ...
Argentina held talks with the International Monetary Fund (IMF) on Thursday as the Latin nation is in need of a $30 billion line of credit from the multinational lender following the weakening peso. Christine Lagarde, ...