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Tag: IMF

IMF Wants El Salvador to Repeal Bitcoin’s Legal Tender Status

The International Monetary Fund is willing to provide El Salvador with a $1.3 billion loan, but the nation must meet two demands. First, El Salvador must commit to...

Canada Halts Digital Loonie

Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale...

Countries Grow Weary of United Nations

The majority has always accepted the United Nations as a world governing force. Sentiment may be changing according to a new Pew Research Center survey that found...

IMF Gives Ukraine $900 Million – International Donor Fatigue

The International Monetary Fund’s (IMF) executive board has approved a $900 million disbursement for Ukraine from its $15.6 billion loan program. This...

BRICS & The Gold Backed Currency Idea

QUESTION: Marty, Will the Brics launching a gold backed currency be the catalist for bankrupting 3rd world economies? Or is it rising interest rates on their debt?...

Eurozone Inflation Reaches New High – Recession Incoming

Inflation in the Eurozone hit a new record in October, according to Eurostat who reported a 10.7% rise. That marks an increase from September’s 9.9% posting and...

Debt Diplomacy – Is China the East IMF?

The International Monetary Fund is not the only option for countries in desperate need of funding. The Financial Times recently reported that China has been sending...

Greece Rushes to Repay Debt as Rates Rise

As the European Central Bank (ECB) finally begins to raise rates, Greece is rushing to repay its outstanding debt. The failure to consolidate eurozone debt hurt the...

Israel Added Yuan to Reserve Currency Portfolio

Israel has now moved to add the Chinese yuan to its reserve currency portfolio, which will create a natural hedge against the risk of insanity pushing for war by...

US Household Debt Rises by $1 Trillion

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion...