Tag: imf

Is Europe Headed for a ‘Lexit’?

Europe (FPIF) – For leftist critics of the EU, reform looks unlikely — but aligning with right-wing Euroskeptics looks worse. Maybe there’s a third option. When European Union President Jean-Claude Juncker addressed the European Parliament in Strasbourg this past September, he…

Greek Police Clash with Demonstrators Protesting Obama’s Visit to Athens

Leftist demonstrators protesting against US President Barack Obama’s visit to Athens clashed with police, who used tear gas to disperse the crowd as people tried to break through cordons.

Some 7,000 people took to the streets of central Athens on Tuesday to protest Obama’s visit to the Greek capital. The demonstrators initially planned to walk all the way to the US Embassy located in another part of the city, but the procession was disrupted as protesters clashed with police officers.

“We don’t need protectors!” one of the banners carried by the demonstrators read. Some could be heard exclaiming: “Yankees go home!”

A Momentous Decision About Ukraine: The Suicide of the IMF

The International Monetary Fund was perched on a precarious branch that has now been cut down out from under them. The IMF Executive Board met in Washington on the evening of Sept. 14. The biggest issue on their agenda was whether to approve a $1 billion loan disbursement to Ukraine. And they did. Except for the director representing Russia on that board, who voted against the payout.

This was no ordinary event, but one that will have an impact, first and foremost, on the fate of the International Monetary Fund.