Inside Russia: Economists Describe Impact Of Sanctions And Ukraine War
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Tag: budget deficits
IMF sets another condition for crisis-hit Pakistan to revive loan
Crisis-hit Pakistan has made various economic modifications including hikes in fuel prices, raising taxes, and others demanded by IMF to unlock the loan program.
IMF sets another condition for crisis-hit Pakistan to revive loan
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Pakistan and the International Monetary Fund:
In 2018, Imran Khan became Prime Minister of Pakistan. For this, they arranged friendly loans from Saudi Arabia, United Arab Emirates and China to avoid tough IMF conditions. In 2019, when economic conditions worsened, they went to IMF for the twenty-second time for a loan of US$1 billion. IMF gave loan based on conditions such as hike in energy tariffs, removal of energy subsidy, increase in taxation, privatization of public entities and fiscal policies to the budget.
IMF bailout package — rescue or trap for Pakistan?
“The IMF’s agenda is not to strengthen global economies because if it does that, then the Fund itself will be out of business,” he said.
[2011] The Tyranny of Defense Inc.
In 1961, Dwight Eisenhower famously identified the military-industrial complex, warning that the growing fusion between corporations and the armed forces posed a threat to democracy. Judged 50 years later, Ike’s frightening prophecy actually understates the scope of our modern system—and the dangers of the perpetual march to war it has put us on.
The Tyranny of Defense Inc.
Sri Lanka: Debt Trap Diplomacy & Putin Price Hikes? Or Something Else?
Jul 10, 2022 – Sri Lanka’s dire economic and political conflict is being blamed by the Western media on Chinese “debt trap diplomacy” and “Putin Price Hikes,” however buried within the same Western media sources, is the truth.
The New Atlas
Sri Lanka: Debt Trap Diplomacy & Putin Price Hikes? Or Something Else? (Odysee)
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Read More »Zelensky demands $5 billion “every month” from NATO, cites security in Europe
Samizdat | June 29, 2022
Ukrainian President Volodymyr Zelensky has urged the US-led NATO bloc to ramp up support of his country amid the ongoing conflict with Russia, claiming that Kiev’s defeat would result in a “delayed” war between Moscow and the whole West. Zelensky made the remarks as he addressed the NATO summit in Madrid via a video link on Wednesday.
Zelensky demands $5 billion “every month” from NATO, cites security in Europe
Ms. Cat’s Chronicles 