kingworldnews.com / March 27, 2015
As people continue to digest breaking news from around the world, today the Godfather of newsletter writers, 90-year-old Richard Russell, covers everything from China, the IMF and World Bank, to gold, blood in the streets and a world in turmoil.
Richard Russell: “Gold, gold, you are making me old. Today […]
trueeconomics.blogspot.com / by Constantin Gurdgiev / March 25, 2015
In the previous post covering IMF latest research on Ireland, I looked at the IMF point of view relating to the distortions to our National Accounts and growth figures induced by the tax-optimising MNCs.
Here, let’s take a look at the key Article IV conclusions.
armstrongeconomics.com / by Martin Armstrong / March 25, 2015
Obama will go down as perhaps the worst President at least since 1900 if not ever. He has torn apart the entire fabric of world peace and whoever has made any decisions in global strategy seem to be some sort of Megalomaniac. Russia has developed […]
kingworldnews.com / March 25, 2015
On a day where stocks are dipping, today the top trends forecaster in the world spoke with King World News about a developing situation that is going to radically change the world in which we live.
Gerald Celente: “Look at what’s happening with the Asian Infrastructure Investment Bank (AIIB). […]
zerohedge.com / by Tyler Durden on 03/24/2015 10:41
Two weeks ago Twitter got a gift when Yanis Varoufakis posed for a Paris Match photo shoot which depicted the Greek FinMin living a not-very-austere looking lifestyle. While the pictures didn’t show Varoufakis being chauffeured around in any Rolls Royces, they did include one shot of […]
gata.org / By Ben Blanchard / Monday, March 23, 2015
BEIJING — Chinese Premier Li Keqiang has asked the head of the International Monetary Fund to include China’s yuan currency in its special drawing rights basket, state news agency Xinhua said.
“China will speed up the basic convertibility of yuan on the capital account […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / March 23, 2015
Ukraine Begs for More Money
The IMF foolishly agreed to give Ukraine a four-year $40 billion bailout on March 12. Already, Ukraine’s Finance Minister Begs for More Money.
Natalie Jaresko told the Financial Times in an interview that a four-year, $40bn, IMF-led bailout finalised this […]
zerohedge.com / by Tyler Durden on 03/20/2015 14:32
Last week we reported that as part of the latest “check kiting” bailout scheme, Greek pensioners (and now utility companies) are being raided by the Greek government so that it can repay its debts to the IMF, which in turn would go ahead and fund a part […]
zerohedge.com / by Tyler Durden on 03/18/2015 09:20
Draghi, we have a problem. Despite the omnipotent buying power of the all-knowing ECB, peripheral European bond spreads are blowing out again (and stocks dropping) as Grexit fears start to spread contagiously across the continent. As Greece’s cash crunch looms ever closer (with capital controls looming) […]
thewealthwatchman.com / MARCH 18, 2015
Their Way or the Highway
Ya ever heard that old saying, “Ya catch more flies with honey than with vinegar”?
Ah good, because DC and “the City” sure haven’t!
As many here know, the East has been trying to formulate its banking alternatives for its member states these past […]
shtfplan.com / Mac Slavo / March 17th, 2015
Recently, SHTF has pointed out the rise of China and their aim to become a major part of the new global reserve currency, and hence a major weight in the new global order.
China’s renminbi is positioning for major global exchange; the BRICS development bank is taking […]
zerohedge.com / by Tyler Durden on 03/17/2015 14:45
With Greece digging around in the couch cushions to try and scrape up €2 billion by Friday in order to make payments to the IMF, the ECB, and Goldman, and with celebrity FinMin Yanis Varoufakis doing his absolute best to sink the entire ship with a series […]
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / March 17, 2015
The totally useless and always late to the party, Christine Lagarde, just now warns of Emerging Markets Instability.
The head of the International Monetary Fund warned on Tuesday that emerging markets are set to face a renewed period of economic instability when US interest […]
bullionstar.com / by Koos Jansen / 16 Mar 2015
Possibly China’s national currency will be part of the IMF’s Special Drawing Rights (SDR) this year. If so, this would have substantial implications for the international monetary system.
Currently the SDR, which was invented in 1969 right after the London Gold Pool collapsed, consists of […]
shtfplan.com / Mac Slavo / March 13th, 2015
It looks like things are moving a lot faster than anyone could have imagined.
Last week, reports circulated that China was positioning itself to become the world’s next reserve currency, and even putting up billboards advertising the global importance of the renminbi to travelers in the Asian […]
zerohedge.com / by Tyler Durden / 03/13/2015 10:30
The Greek liquidity, pardon “cash flow” problems are so bad, not only Zero Hedge, but also Bloomberg has launched a daily maturity tracker of how much money Greece has to pay either to the IMF or to prefund T-Bill rollovers. This is what Bloomberg blasted out earlier […]
zerohedge.com / by Tyler Durden on 03/12/2015 13:47
Having previously hinted that they might ‘dip’ into public pensions funds for some short-term cash to payback The IMF, and then confirming that the plan is to repo that cash from pension cash reserves (raising concerns about how they will unwind the repo – i.e. pay […]
trueeconomics.blogspot.com / by Constantin Gurdgiev / Wednesday, March 11, 2015
IMF statement on Ukraine:
Backgrounders: http://trueeconomics.blogspot.ie/2015/02/18215-imf-package-for-ukraine-some.html and here: https://www.imf.org/external/np/sec/pr/2015/pr1550.htm
Key points to the above: IMF came through just-in-time after seeing Ukraine going down to the last USD 4.5 billion in reserves and only barely enough time to pay the loans due to be repaid […]
zerohedge.com / by Tyler Durden on 03/11/2015 12:59
To all those Greeks who are wondering why their government is raiding their pensions so it can make recurring payments to the IMF, here is the answer:
IMF BOARD SIGNS OFF ON $17.5 BLN FOUR-YEAR LOAN PROGRAM FOR UKRAINE — IMF CHIEF LAGARDE IMF’S LARGARDE SAYS UKRAINE […]
goldcore.com / By Mark O’Byrne / March 9, 2015
- Dollar has declined as reserve currency over past decade from 70% of global reserves to 61%
- Chinese yuan is growing in stature as international currency
- IMF deputy director calls for de-dollarization in emerging markets
- Many countries have begun de-dollarizing
- BRICS development […]