Posts Tagged ‘International Monetary Fund’

There has never been a country that should have been so rich but ended up this poor

(Media Release) Venezuela has become a failed state. According to the International Monetary Fund’s latest projections, it has the world’s worst economic growth, worst inflation and ninth-worst unemployment rate right now. It also has the second-worst murder rate, and an infant mortality rate that’s gotten 100 times worse itself the past four years. And in […]

Superbugs will ‘kill every three seconds’

(Media Release) Superbugs will kill someone every three seconds by 2050 unless the world acts now, a hugely influential report says. The global review sets out a plan for preventing medicine “being cast back into the dark ages” that requires billions of dollars of investment. It also calls for a revolution in the way antibiotics […]

Uproar in Athens over ‘secret Grexit plan’

(Media Release) Opposition parties in Greece are demanding answers following media reports of a secret government plan in Athens to leave the euro. The plan allegedly involved hacking into accounts and arresting the top central banker. It is not clear how seriously the plan, attributed to former Finance Minister Yanis Varoufakis and former Energy Minister […]

Gold price falls to five-year low on US rate rise talk

(Media Release) The gold price has fallen to its lowest in more than five years as talk of a US interest rate rise this year has led investors to sell the precious metal. The price fell 4% to as low as $1,088.05 (£697) an ounce in Asian trade – the lowest since March 2010. Investors […]

Greece debt crisis: Bailout deal at a glance

(Media Release) After some 17 hours of summit talks eurozone leaders announced a new deal to rescue Greece – a third bailout. There are still significant hurdles to clear, however. And after months of argument and delay between the Greek government and the lenders, the eurozone wants the new sense of urgency to be maintained. […]

Greece debt crisis: Tsipras in new bailout ‘concessions’

(Media Release) Greece’s Prime Minister Alexis Tsipras has offered new concessions to the country’s creditors. A letter to creditors sent by Mr Tsipras says he was prepared to accept most conditions that were on the table before talks collapsed and he called a referendum. On Tuesday, eurozone finance ministers refused to extend the previous bailout. […]

Greece debt talks: EU chief feels ‘betrayed’

(Media Release) The European Commission chief, Jean-Claude Juncker, has said he feels “betrayed” by the “egotism” shown by Greece in the failed debt talks. He told a news conference that Greek proposals were “delayed” or “deliberately altered” and the Greek people “should be told the truth”, but the door was still open to talks. Talks […]

Powered by WordPress | Designed by: Premium Themes. | Thanks to Juicers, Free WP Themes and