Pakistan has asked for IMF bailout to avoid an imminent collapse. In contrast to many African and South American countries, a collapse in Pakistan might have global consequences.
Ukraine’s exports have been badly impeded by the conflict, which has caused the country to close its ports, while Russia’s exports have been damaged by Western sanctions. This has left India in a critical role as IMF Chief begs India to revise wheat export ban policy at World Economic Forum.
In a recent post, the IMF has warned of the possibility of civil unrest in poorer nations amid the global food crisis due to the Ukraine conflict.
Sri Lanka which is experiencing its worst economic downturn since its 1948 independence has declared default and is now looking for emergency IMF bailout.
Russia has condemned the United States and its allies of attempting to orchestrate a false default, despite the fact that the nation has the funds to pay its bills. This might ultimately lead to many countries cutting dollar holdings after Russian reserves were frozen, according to the IMF.
Argentina is trapped in $44 billion of IMF odious debt taken on by corrupt right-wing regimes. Seeking alternatives to US hegemony, President Alberto Fernández traveled to Russia and China, forming an alliance with the Eurasian powers, joining the Belt and Road Initiative.
The IMF sent $350 million in cash to the Myanmar government just days before the military coup.
A new white paper by the IMF calls for linking your search history to your financial credit score, which would in effect lower your score if you visit websites marked harmful by their fact-checkers. COVID-19 Assassination: Top Russian Scientist Alexander ‘Sasha’ Kagansky Working On COVID-19 Vaccine Assassinated In St Petersberg
In the face of strong public opposition the International Monetary Fund (IMF) published a working paper offering governments suggestions on how to move toward a cashless society. In its recent report The Macroeconomics of De-Cashing, the IMF proposed to abolish cash and recommended to adopt measures in order to restrict
