International Financial Institutions

By Ben Norton, Published on Multipolarista, Nov 13, 2022: The IMF says a “wave of debt crises” may be coming in the Global South, and “the global economy is headed for stormy waters,” due to war, [...]

Published on Kawsachun News, Sept 16, 2022: The IMF has released a report on the Bolivian economy in which it recommends adopting drastic neoliberal measures. These measures include reducing [...]

VIDEO, ARTICLE & SOURCES By Benjamin Norton, Published on Multipolarista, July 11, 2022: Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies [...]

Published on One World, June 9, 2022: Pakistan must decide between the US-controlled IMF and China with respect to which of those two can most realistically help it avert bankruptcy and [...]

China invited Argentina to attend the 2022 summits of the BRICS economic bloc of Brazil, Russia, India, China, and South Africa. Argentina’s ambassador says it’s a step toward “formal entry” to [...]

By Pepe Escobar Published on The Cradle, Apr 14, 2022 The world’s new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural [...]

“…the tragic outcomes of the COVID-19 pandemic [in Ecuador] were not incidental. On the contrary, they follow directly from the austerity reforms attached to IMF money.” [...]

The IMF, which until the crisis of 2008 was the temple of orthodoxy, has begun a revision of those principles; at least in theory, because often the prescriptions have not moved away from the [...]

The US$5 billion loan President Nicolas Maduro requested from the IMF was intended to strengthen the response capacities of the Venezuelan health system in the containment of COVID-19. Published [...]

The recent 11-day uprising that has shaken Ecuador ended last Sunday, as the government finally sat down with Indigenous leaders behind the protest and agreed to scrap a controversial IMF [...]