Blogs about International Monetary Fund
2007-11-01 18:59 A Victory for Argentina s Power Couple
The first-round victory of Argentina's Cristina Fernandez de Kirchner, wife of incumbent President Nestor Kirchner, reinforces the trends to the left in Latin America, but also illustrates its ambiguities; it shows democracy has been stabilized, but remains of poor quality ; and it suggests that women can aspire to the highest offices of government, but have to perpetuate gender stereotypes to win. By Dr. Maxwell Cameron Maxwell A. Cameron Comment is free The Guardian October 29, 2007 President …
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2007-10-24 10:19 Public hearing on the World Bank
Convened by the World Bank Campaign Europe, under the auspices of the Permanent Peoples' Tribunal The Hague, 21 October, 2007 DECLARATION Upon request from the World Bank Campaign Europe, a Public Hearing was convened on October 15 in the Hague, The Netherlands under the auspices of the Permanent Peoples' Tribunal to provide a forum to assess the performance of the World Bank in the last 15 years. The Permanent Peoples' Tribunal (PPT) in continuity with the Russell Tribunal supported by the Leli …
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2007-10-24 04:11 IMF: Keep Your Promise to Liberia
Today we can take action on a critical international situation ripped from the headlines. As the Financial Times reports: The International Monetary Fund faced harsh criticism on Thursday for failing to meet its commitment to write off $800m in debt owed by Liberia, as Ellen Johnson-Sirleaf, the country's leader, met US president George W. Bush in Washington. And from the BBC : Forgiveness of the old debt would allow the IMF to issue new development loans. Correspondents say it is widely agreed …
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2007-10-22 22:45 COHA Report. The Organization of American States: On its Deathbed
To Our Readers Unfortunately, an older and unedited version of the COHA piece entitled œThe OAS: On its Deathbed was inadvertently sent out to a very small cohort of COHA readers on October 17 before an error was discovered and the press run was immediately aborted. Due to a computer editing error, the author, Sean Bartlett did not catch that two different facts were spliced into one sentence. Jose Miguel Insulza, as a young man in his late twenties, was a political director in the Chilean For …
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2007-10-15 21:17 Ravelry, wet books and the World Bank. World Bank
At last. I can take over the stash before it takes over me! Ravelry caught up to me last week. Yay! I even have a buddy there already. It's very, very cool, that Ravelry place. Now there will be two Knitting places to entertain myself with on the long sleepless nights. I'm still reading my book, and DH has already said that I should buy it. This I'm happy to be able to do because the library copy was borrowed by countless poor economic students, I presume, who have - in turns, underlined it in p …
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2007-10-14 18:39 China's Dirty Little Secret
Last time I was in China, two American consultants all but whispered to me "the secret nobody wants China to know:" American companies make greater profits in China than they do in the United States. Both people then cited to an AmCham survey which got plenty of press when it came out earlier this year. So do not blame me for blowing the secret. And now the Wall Street Journal says the same thing, in an article, entitled, "China Begins to Fulfill Its Potential for Big Profits Foreign Firms Are C …
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2007-10-12 19:20 Latin America File: Former World Bank Senior VP and Chief Economist Stiglitz meets Chavez, "blesses" …
Although the United Nations' World Bank is dedicated to "fighting poverty" in developing countries, communists like Venzuelan Tyrant in Training Hugo Chavez contend that these institutions actually promote "neo-liberalism," a communist codeword for capitalism. In other words, although the UN is fundamentally a communist project, the capitalist nations have sprinkled their leaven into its institutions. Thus, the need to create Banco del Sur (Bancosur), or the Bank of the South. On October 8 the f …
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2007-10-09 08:19 Mobile Phones in Africa
Occasionally in my posts I have mentioned the fact that the African continent has embraced mobile phone technology at an amazing rate. A recent BusinessWeek Special Report discusses how mobile phones are "sparking economic hope and growth" in both emerging and non-emerging nations [" Upwardly Mobile in Africa ," by Jack Ewing, 24 September 2007 print edition]. The report begins in Kenya. "Precious little would seem to connect the Kenyan village of Muruguru to the 21st century. The red dirt roads …
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2007-10-08 11:31 Chavez new constitution: articles 318, 320 and 321
The proposed Constitutional Reform includes three articles that have to do with monetary policy, the Central Bank and international reserves, so that it makes sense to discuss them all at the same time, as I will do in this post. The Articles to be modified are 318, 320 and 321. Let's start with Art. 318, which has the most extensive modifications. So extensive in fact, that it is not even worth looking at the original article except to note that the current Constitution grants the Central Bank …
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2007-10-06 11:41 Burma, USA och vallmo
Daily Kos: Burma: The Back Story : "It appears that the government of Burma (Myanmar) were reacting to a "suggestion" by the International Monetary Fund, that they needed to phase out the state subsidizing of oil prices." (Hittat via Daily Kos .) Rowan Wolf, som är sociolog och bland annat är redaktör på Cyrano's Journal, ger lite bakgrund till situationen i Burma (Myanmar). Hon citerar t.ex. i artikeln från Human Rights Watch där man kan se vilka affärsintressen som är inblandade. Wolf gör emel …
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2007-10-05 14:23 Latin America File: Investors flee Nicaragua as Sandinistas align with Caracas, Tehran, seize Exxon …
Reality bites hard in this "post"-Cold War era when Marxist revolutionaries-turned-democratically elected heads of government resort to their old tricks. Neo-Sandinista Nicaragua, for example, is a key component in the Communist Bloc's Latin American section. Here President Daniel Ortega, who is reverting to his old practices of nationalizing (stealing) private property and punishing political opponents, has revealed his true color: red. Pictured here: Comrade Dan buds around with Iranian Tyrant …
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2007-10-03 14:18 Feature: Currency "Cold War": World Net Daily, Canada's National Post ask right question: Are Russia …
The Russians intend to undermine the world's only hegemony and its former enemy, the United States and President-for-life Vlad Putin and his KGB pals last year launched a ruble exchange for some deals. This is bad for Canada because what's bad for America is bad for us. -- Diane Francis, National Post, September 29, 2007 Conservative news sources like World Net Daily and Canada's National Post are to be commended for daring to ask the question that the pro-communist MSM will for the most part no …
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2007-09-26 16:15 Trade unions condemn Doing Business 2008: Once again, World Bank gives excellent œEmploying Workers …
Trade unions condemn Doing Business 2008: Once again, World Bank gives excellent œEmploying Workers scores to countries that violate workers rights Brussels 26 September (ITUC): Doing Business, the World Bank s highest-circulation annual publication released this week, has once again come under fire from trade unions for its baseless assertion that elimination of workers protection rules creates higher economic growth and job creation. In a new study released today by the ITUC and Global Union …
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2007-09-06 23:58 Cindy Sheehan (and the braying Katha)
Cindy Sheehan is running for Congress. She's running in my district and you know she's got my vote. It would be wonderful to finally have a House representative who represents the area in Congress. Nancy Pelosi hasn't represented the eighth district in some time. She started off -- when she thought she needed the voters -- being a strong voice for reproductive rights, for LBGT rights, for any number of issues that matter in our area. These days, it's like we have a Republican representing us. Se …
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2007-09-05 03:35 PAKISTAN: NPR Covers the Election Goings-on
Catching up on goings-on on Pakistan: Here's a text & audio piece from weekend NPR. Pakistan may be facing an uncharacteristically dramatic presidential campaign this fall, as President and Army Chief Pervez Musharraf faces a likely challenge from two former prime ministers, Benazir Bhutto, and Nawaz Sharif. Pakistani journalist Shuja Nawaz discusses his nation's presidential politics with Scott Simon. Here's Nawaz's background: Shuja Nawaz is a Pakistani journalist who has recently completed a …
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2007-09-04 22:58 Threat of public-sector strikes still hangs over Chad's government
From IRIN ... Trade unions in Chad have suspended a strike that closed hospitals and schools in the capital for three months, but some analysts are warning that the unions remain a powerful disruptive force, and [that] the significance of the strikes should not be underestimated. The strike, which started on 2 May, was suspended by union leaders on 27 August, pending arbitration by the International [Confederation] of Unions in Geneva [sic], according to a communiqué released by union leaders. U …
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2007-09-04 04:03 Quote of the day - Joe Sobran
Recent events in Genoa remind us, once again, that the "international community" comprises more organizations than you can shake a stick at: the United Nations, NATO, the G-8 nations, the International Monetary Fund, the World Bank, the European Union, et cetera. Can anyone keep track of them all, or follow their workings Clearly we are inching toward world government of some sort; and just as clearly, we aren't meant to understand it. We won't know just who our rulers are, or who (if anyone) el …
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2007-09-03 18:09 The end of the IMF succession
MOSCOW. (RIA Novosti economic correspondent Oleg Mityayev) - There is no time left for nominating candidates to head the International Monetary Fund instead of Rodrigo de Rato, who retires in October.
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2007-09-02 11:03 In Cuba, a Politically Incorrect Love of the Frigidaire
Cold War Relic. A 1950s-era American refrigerator dominates one woman s Havana apartment. Photo: Jose Goitia Two artists, Alejandro Leyva, left, and Esteban Leyva, with their œGeneral Eléctrico, found a new use for an old appliance. Photo: Jose Goitia The New York Times Published: September 2, 2007 By SIMON ROMERO HAVANA ANYONE who thinks the cold war ended years ago clearly has not spent time in Cuban kitchens. Before he disappeared from public life, an ailing Fidel Castro enlisted the prowes …
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2007-09-02 04:42 It s the oil, stupid
Eric Stoner wrote an op/ed piece in last Thursday's Pahrump Mirror. [See page 20, the Pahrump Mirror isn't online] In full here is what Mr. Stoner wrote: Despite the Bush administration's ever-evolving rationale for attacking Iraq from nonexistent WMDs to spreading democracy in the Middle East greater control of the world's third-largest oil reserves is one motive that has been consistently denied. Recent developments in Washington, however, suggest that the White House has once again been less …
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2007-09-01 20:57 A simple list
Entry #8 This week I've been; Working with Qwest to get our T3 for DSL access active so we can take customers Supervising work on our webpage Debugging and hardening security on about 10 Windows 2000 servers Doing research for my class at Evergreen, for which I have to write a paper detailing why the U.S. shouldn't force its own values on the International Monetary Fund Negotiating with the landlord on our former and future office Assembling and programming Web based management tools for our ope …
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2007-09-01 08:05 Paris Lights: Sarkozy Charts A New Foreign Policy Course
President Nicolas Sarkozy made international headlines this week when he declared, in his opening address to the French diplomatic corps, that bombing Iran might be the only alternative to a nuclear Iran. PJM's Nidra Poller analyzes the speech and finds Sarkozy's ideas very different from "the vainglorious platitudes" of his predecessor. By Nidra Poller In the traditional opening address to the French diplomatic corps, Nicolas Sarkozy presented a precise, coherent, logical outline of his foreign …
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2007-08-29 15:08 Competition, Contributions and Contracts: Chávez s Checkbook Mission in the Caribbean Basin
While crowds of cheering supporters gathered outside the National Assembly in Venezuela on Wednesday, August 15, President Hugo Chávez outlined what could be the most radical phase of his proposed amendments to the constitution yet, the elimination of any term limits on the re-election of any candidate as well as lengthening each presidential term from six to seven years. These proposals reflect concerns in the Chávez camp over the shortcomings of the present constitution, which mandates that he …
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2007-08-29 08:50 Exporting hazardous products
Suppose a large trading nation is found to export huge quantities of products which have not been subject to proper regulatory oversight at home and create important risks for the buyers. And suppose further that importing nations have had to face serious repercussions as a result. When pressure is brought on the exporter of hazardous products to tighten its act and to increase regulatory cooperation with other nations, the country scoffs and says: "this is a domestic matter; we do not need any …
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