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The IMF and World Bank are becoming too rigid, and they do not seem to be fit for purpose in the 21st century In an unprecedented development, the then-Chief Executive of World Bank, and now International Monetary Fund (IMF) Managing Director Kristalina Georgieva ...
... slowdown” across the globe with the Fund revising its growth projection for global economic growth downwards and putting the 2019 growth estimate at the lowest level since the 2008-2009 financial crisis This year’s Annual meetings of the IMF and the World Bank in Washington DC revealed a growing preoccupation with the mounting signs of a slowdown in the world economy. The IMF’s diagnosis was that of a “synchronized slowdown” across the globe with the Fund revising its growth projection for ...
... “Quad”, which was meant to represent the largest players as representatives of the developed and the developing world – China and India from the Global South and the US and the EU from the advanced economies. Another example is the IMF and the World Bank, where the votes of individual countries are aggregated into larger constituencies (chairs). In many cases the choice of the basis for the aggregation may appear to be arbitrary or based on outdated patterns. Basing the aggregation process ...
At the four nation "BRIC" summit in Ykaterinburg in 2009 the group buzzed up an ambitious agenda that moved the Sorosistas and other predatory speculators to take profits by betting against the dollar. These items included the need for a new reserve currency to countervail the dollar, launching a collective economic security arrangement to mediate global affairs, and calling for the reform of international financial institutions so that they fully respect the institution of social inclusion...
... the international financial community that populism is not a threat? Christine Lagarde of the International Monetary fund noted recently that the current spate of populism and nationalism do not pose a threat to globalization. Jim Kim, boss of the World Bank, served up a similar message at the semiannual meeting of that organization. Stanley Fischer, the deputy chairman of the U.S. Federal Reserve, meanwhile, has long viewed populism as a threat to the global economy, in one instance calling ...
New Development Bank and the Reserve Currency Pool Many observers see the establishment of the New Development Bank (NDB) and the Reserve Currency Pool as a BRICS-led challenge to the International Monetary Fund and the World Bank, while the emergence of new financial stabilization mechanisms and development institutions appears to augment and strengthen rather than threaten the existing monetary and credit system. The most prominent event of the 7th BRICS summit took ...
... the “have nots.” But is his post of global voluntarism really what “food security” is all about? It smarts of the fuzzy global governance logic inherent in the “Kickstarter” approach Moon and his allies at the World Bank, NGOs and other Western interests used in an effort to raise funds for the Ebola crisis. But that effort did not achieve Moon's ambitious funding goals. Most of the heavy lifting and educating has been done by the US Africa Command....
... newspaper and online publication "The Miami Herald" noted that the American online zine www.politifact.com has named the Ebola Scare as the 2014 "Lie of the Year." The Obama administration, the U.S. Centers for Disease Control, the World Bank led by an America, and UN Secretary General Ban Ki Moon and big name NGOs all supported the "Ebola Scare" saying that over $20 billion was needed immediately to contain the outbreak during the next 18 months." Their effort faltered....
In what is being branded as an effort to provide palliative assistance to reduce hunger and boost democracy building living standards Jim Yong Kim, president of the World Bank and Ban Ki Moon, secretary general of the United Nations, have launched a plan that expands the strategically significant “Horn of Africa” to encompass 18 percent of the total continent. Their recent trip to Addis Ababa and Mogadishu ...
On March 12, Moscow hosted international high-level expert workshop "Post-2015 Development Agenda: toward a Renewed Partnership for Development " sponsored by the World Bank, United Nations Development Program and Russia's G8 Sherpa Office and attended by top officials of international organizations, ministries and agencies, Russian and foreign experts, civil society leaders and businesspersons. The participants ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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