#imf

mlansbury@despora.de

IMF's trip to Moscow is effectively enabling Russia's war against Ukraine

#RussiaGate?

You probably haven't heard that the #InternationalMonetaryFund (IMF) is preparing to send a mission to Russia.

That’s because top #IMF officials have been trying to draw as little public attention to their plans as possible – which ought to tell you something. Fund officials themselves know that this is a scandal in the making.

https://kyivindependent.com/opinion-imfs-trip-to-moscow-is-effectively-enabling-russias-war-against-ukraine/

#corruption #WarCrimes #StopRussianAggression #Russian

kuchinster@rusx.org

A True Shock? Economist Jeffrey Sachs Reveals Secret at Heart of U.S.-Russian Relations

Image/photobrainwavelost@nerdpol.ch wrote the following post Thu, 05 Sep 2024 12:19:12 +0300

It seems that the interest in #peace is secondary. Greed for power and resources is more important. Therefore, there will be #war as long as the warmongers face no real resistance and are strong enough to stir up trouble.

Leading US diplomats, led by the great stateman-scholar George Kennan, warned at the time that the NATO enlargement would lead to disaster: “The view, bluntly stated, is that expanding #NATO would be the most fateful error of American policy in the entire post-cold-war era.” So, it has proved.

Here is not the place to revisit all of the foreign policy disasters that have resulted from US arrogance towards #Russia, but it suffices here to mention a brief and partial chronology of key events. In 1999, NATO bombed #Belgrade for 78 days with the goal of breaking #Serbia apart and giving rise to an independent #Kosovo, now home to a major NATO base in the #Balkans. In 2002, the US unilaterally withdrew from the #Anti-Ballistic Missile Treaty over Russia’s strenuous objections. In 2003, the US and NATO allies repudiated the UN Security Council by going to war in #Iraq on false pretenses. In 2004, the US continued with NATO enlargement, this time to the Baltic States and countries in the Black Sea region (Bulgaria and Romania) and the Balkans. In 2008, over Russia’s urgent and strenuous objections, the US pledged to expand NATO to #Georgia and #Ukraine.

source

#history #NATO #USA #US #europe #coldwar #Western #deepstate #warmongers #IMF #neocons #expansion #war against #soviet #economy #USSR #russian #Russia

kuchinster@rusx.org

National Endowment for Democracy Deletes Records of Funding Projects in Ukraine

The NED played a pivotal role in helping to trigger the conflict with Russia by supporting two color revolutions directed against Ukraine’s pro-Russian (not really - note mine) leader Viktor #Yanukovych — a potential successor to Vlodymyr #Zelensky if Russia wins.

The 2004 color revolution replaced Yanukovych with Viktor Yushchenko, who favored admitting Ukraine to NATO and adopted an International Monetary Fund (IMF) structural adjustment program that benefitted U.S. investors while cutting social programs.

NED activists employed a broad public relations strategy that included: a) busing paid out-of-town protesters into Kyiv; b) creating an online TV protest station and agitation paraphernalia; and c) providing offshore training to the anti-Yanukovych student leadership. The strategy was based on the writings of Gene Sharp and a template that the NED had successfully employed in Serbia with a youth group called “Otpor,” which helped secure the defeat of socialist Slobodan Milosovic in September 2000 elections.

...

As a sign of the NED’s influence, Ukrainian President Petro #Poroshenko (2014-2020)—a main beneficiary of the #Maidan coup currently awaiting trial on treason charges—bestowed the Order of Princess Olga, one of Ukraine’s highest honors, on Dr. Nadia Diuk,[42] a former vice president and senior adviser to the NED for Europe and Eurasia.

https://covertactionmagazine.com/2022/03/07/national-endowment-for-democracy-deletes-records-of-funding-projects-in-ukraine/

#USA #US #american #democracy #CIA #IMF #NATO #deepstate #intelligence #NED #propaganda #fraud #psyops #ukraine #war against #Russia #russian #ukraine #ukrainian #history

faab64@diasp.org

US President #Biden: We raised tariffs on Chinese goods in order to help American companies

The new US tariffs targeting Chinese goods are strategic and targeted

We need fair competition with #China, not conflict

Funny is that US paying billions of dollars to American companies and farmers doesn't count as unfair business practices when they dump the price of American made food and agriculture products in developing countries that kills local business and agriculture. And if those countries put tariffs on American products, they face severe punishments from the #IMF and the world bank.

#Capitalism #US #Economy #Hypocrisy #Protectionism

vincezd@pod.geraspora.de

#inflation petit rappel:

L’inflation frappe aussi les carburants, l’énergie et les prix alimentaires. Ces derniers ont augmenté de plus de 21% en deux ans. Dans la même période, les marges de l’industrie agroalimentaire ont progressé de plus de 70%. Cette augmentation constitue aujourd’hui la première cause de l’augmentation des prix.

À l’échelle mondiale, le Fond Monétaire Internationale (FMI) rappelle que l’augmentation des profits des entreprises est responsable de la moitié de la hausse des prix.

https://lafranceinsoumise.fr/2023/09/05/declaration-de-la-coordination-des-espaces-de-la-france-insoumise/

(english? The #IMF reminds us that half of inflation is due to firms increasing their margins)

#FMI #profits #alimentation #énergie

faab64@diasp.org

BRICS Dropping US Dollar, Working on New Reserve Currency: #Brazil's Lula | August 24, 2023:

"The #BRICS economic alliance plans to abandon the U.S. dollar in trade settlements and develop a new reserve currency while promoting the use of local currencies, Brazil's president said at the bloc's 15th annual summit in #Johannesburg, #SouthAfrica.

Brazilian President Luiz Inacio #Lula da Silva championed a medium- to long-term objective of creating a new reserve currency to fight against the U.S. dollar hegemony. Until then, the coalition will encourage the further utilization of members' national currencies in bilateral trade.

"The creation of a currency for commercial transactions and investments between BRICS members increases our payment conditions and reduces our vulnerabilities," Mr. Lula stated before the summit audience, adding that developing nations should be hit with higher interest rates than what affluent countries experience.

The best mechanism, he noted, is to bolster liquidity, increase favorable financing terms, and abolish conditionalities, suggesting that the “structural readjustment” is an indictment of the policies presented by the International Monetary Fund ( #IMF) and the #WorldBank.

"The multilateral trading system must be revitalized so that it returns to acting as a tool for fair, predictable, equitable, and non-discriminatory trade," he said."

#Geoeconomics #Economy #Dedollarization #Politics

https://www.theepochtimes.com/article/brazils-lula-confirms-brics-dumping-us-dollar-as-bloc-expands-5480132?utm_medium=Social&utm_source=telegram

berternste2@diasp.nl

Voor 83 duizend miljard euro in het rood: een ontwikkelingsramp dreigt door nieuwe schuldencrisis

De Volkskrant

Het was begin deze maand een noodkreet van secretaris-generaal António Guterres van de VN: ‘De helft van de mensheid leeft in landen die nu meer uitgeven aan het aflossen van hun schuld dan aan zorg en onderwijs. Dit is een ontwikkelingsramp.’

Na de coronapandemie, de klimaatcrisis en de Oekraïne-oorlog ligt een nieuwe crisis op de loer: een ongekende schuldencrisis. Veel landen in Afrika, Latijns-Amerika en Azië kunnen de rente op hun schulden niet meer betalen, laat staan dat ze hun schulden kunnen aflossen. Zambia kon in 2020 al niet meer aan zijn financiële verplichtingen voldoen. Sri Lanka en Ghana volgden vorig jaar. En nog zeker vijftig andere landen – bijna 40 procent van alle ontwikkelingslanden – staat het water aan de lippen, volgens het nieuwe VN-rapport A World of Debt.

De nieuwe schuldencrisis is moeilijker op te lossen dan die van de jaren tachtig van de vorige eeuw, omdat de schulden niet alleen uitstaan bij westerse landen en banken, maar voor een groot deel ook bij China. Sterker nog: China is voor veel landen zelfs de grote buitenlandse kredietverlener. En dat land is geen lid van de Club van Parijs, de organisatie die sinds 1956 tracht te bemiddelen bij het herstructureren van schulden. Daarom kan niet in één keer schoon schip worden gemaakt met een groot herstructureringsprogramma waarbij de pijn over de crediteuren wordt verdeeld. (...)

(Tekst loopt door onder de foto.)

Foto van vissers en vissersboten aan kade
In Negombo, Sri Lanka, liggen honderden vissersboten werkloos aan de kade. De reden: de brandstof is door schaarste onbetaalbaar geworden. Beeld Aurélie Geurts voor de Volkskrant.

Volgens het VN-rapport zijn de kosten van schulden voor ontwikkelingslanden vier keer zo hoog als die voor de VS en acht keer zo hoog als die voor de eurozone.(...)

De G20 zou daartoe tijdens de top in India die in september plaatsvindt, een aanzet kunnen geven. Vervolgens moeten het IMF en de Wereldbank de uitvoering ter hand nemen. Maar China heeft weinig zin in die route, omdat de dienst binnen het IMF en de Wereldbank wordt uitgemaakt door de VS en andere Oeso-landen. Daarom heeft China via het Zijderoute-initiatief ook een eigen ontwikkelingsprogramma opgezet, dat lijkt op een eigen versie van het IMF en de Wereldbank. Die is nu een van de grootste kredietverleners van de wereld geworden – met name in Afrika.

Hierdoor moet van land tot land een oplossing worden gevonden. (...)

China is bereid mee te doen aan het verlengen van de terugbetalingstermijn, zogenoemde rollovers, en geeft ook noodleningen. Maar het land laat zich niet door het Westen in de kaart kijken. ‘Er worden ook eisen gesteld, zoals mijnconcessies of orders voor infrastructurele projecten. Doel van China is de economische en politieke invloed te vergroten’, zegt schuldenexpert Henrique Alencar van Oxfam Novib in Den Haag. (...)

Het IMF heeft inmiddels wel een speciaal fonds van 100 miljard dollar opgericht dat landen helpt om klimaatverandering en pandemieën het hoofd te bieden. Maar de behoefte aan geld stijgt sneller dan de beschikbare middelen. Als China, banken en beleggers hun kredietkraan dichtdraaien, kunnen het IMF en de Wereldbank het gat niet overbruggen. (...)

Hele artikel

Tags: #nederlands #schulden #schuldencrisis #ontwikkelingslanden #arme_landen #imf #g20 #vn #china #wereldbank #afrika #zijderoute-initiatief #oeso

brainwavelost@nerdpol.ch

The #IMF record for facilitating multi-billion #dollar transfers of cash into Ukrainian bank and then individual #oligarch pockets, has been documented in this archive. Under US control at the Fund’s board of directors, the chief executives, country directors, and Kiev residential representatives of the IMF began practising their blind-eye reporting on the #Ukraine with the Igor Kolomoisky pyramid (Privatbank) and the Victor Pinchuk pyramid (Credit Dnepr).

The #cashflow directed by Ukrainian President Petro #Poroshenko and IMF managing director Christine #Lagarde was a fraction, less than a tenth, of the cashflow now directed by #Zelensky and the Fund director since 2019, Kristalina #Georgieva.

from

drnoam@diasp.org

#Profits are driving #inflation. When will politicians and the Bank of England admit it?
by Richard Murphy

As the #IMF has just reported:

Rising #corporate profits account for almost half the increase in Europe's inflation over the past two years as companies increased prices by more than spiking costs of imported energy. Now that workers are pushing for pay rises to recoup lost purchasing power, companies may have to accept a smaller profit share if inflation is to remain on track to reach the European Central Bank's 2-percent target in 2025, as projected in our most recent World Economic Outlook.

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"Wages have driven only a small part of inflation in #Europe. I also suspect that is true here [in the #UK] too."

faab64@diasp.org

Haiti's problems are caused by its white war lord oligarchs. Occupations and invasions serve their interests, not those of the masses of Haitian people. I had a great convo with @jafrikayiti who explained the long and sad history.

Jafrikayiti, also known as Jean Saint-Vil, is an Ottawa-based author, radio host and social justice activist who publishes in English, Kreyòl and French on his blog Jafrikayiti.com . He recently wrote the article entitled, To Solve the Crisis Permanently, Force the US to Stop Backing Notorious White Warlords in Haiti in Black Agenda Report. He joins us from Ottawa to discuss his article on the white Haitian oligarch class and provide analysis on events in Haiti. This is the first part of two-part interview. We will hear Part 2 next week.

#Haiti #Capitalism #Volonialism #Politics #Economy #Poverty #IMF #Grance #US #Inhumanity

https://www.blackagendareport.com/haitis-white-war-lords