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By Marc Schabracq
$37.95
By H.L. Mencken
$44.10
$17
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David Blackwell. (CC BY 2.0)
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More than 100,000 unemployed professionals have left Greece amid a shrinking economy and a lack of jobs to seek better opportunities abroad in a trend that will dramatically impact the country for generations.
Posted on Apr 11, 2013
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mahalie (CC BY-SA 2.0)
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By Ellen Brown, Web of Debt —
With taxpayer bailouts no longer an option, a major derivatives crisis could transfer money currently held by state and local governments and citizens—secured and unsecured, insured and uninsured—into the hands of derivative claimants.
Posted on Apr 10, 2013
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L'Orso Sul Monociclo (CC BY 2.0)
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Austerity threw the 17 countries that use the euro back into recession in the third quarter of 2012. As a result, unemployment is expected to rise 12.2 percent, leaving half of young people in Spain and Greece without jobs, and public debts—the expressed target of the reductions—are growing as well.
Posted on Mar 19, 2013
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Eric Vernier (CC BY-SA 2.0)
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Greeks are resisting a combination of government spending cuts and tax hikes—which some believe will result in an unemployment rate of 30 percent—imposed by international bailout creditors.
Posted on Feb 20, 2013
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Atli Harðarson (CC BY-ND 2.0)
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Expat Icelander Baldur Bjarnason has had it with people depicting his native land as a post-crash “progressive paradise” when it’s really a “Thatcherite’s wet dream.”
Posted on Jan 1, 2013
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Luojie, Cagle Cartoons, China Daily, China —
Posted on Oct 22, 2012
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Pavel Constantin, Cagle Cartoons, Romania —
Posted on Sep 5, 2012
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Flickr / bixintx
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The combination of sex, hotels and criminal charges seems to be a common theme in Dominique Strauss-Kahn’s world, and it has landed him in another legal mess—this time in the former IMF chief’s homeland of France, where he’s caught up in a case known there as the “Carlton affair.”
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Gamma Man (CC-BY)
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By Ellen Brown, Truthout —
Conventional wisdom holds that government bureaucrats are bad businesspeople. But around the world, the many countries with strong public banking sectors generally have strong, stable economies.
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Parti socialiste (CC-BY)
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By Peter Bratsis, Truthout —
The most central and constant dilemma in modern politics—whether the will of the people or that of bureaucrats and specialists should rule—is on full display in Greece.
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Leandro, (CC-BY)
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New York City’s hotels have agreed to arm housekeepers with personal panic buttons for use in emergencies, including the event of unwelcome advances from guests. The decision likely results from an increased concern for worker safety stirred up by the alleged sexual assault of a housekeeper by former IMF chief Dominique Strauss-Kahn last May.
Posted on Feb 8, 2012
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Manny Francisco, Cagle Cartoons, Manila, The Phillippines —
Posted on Dec 4, 2011
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Deng Coy Miel, Cagle Cartoons, Singapore —
Posted on Dec 3, 2011
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John Darkow, Cagle Cartoons, Columbia Daily Tribune, Missouri —
Posted on Dec 3, 2011
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Patrick Chappatte, Cagle Cartoons, NZZ am Sonntag —
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bbc.co.uk
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While the international media zoomed in on Libya on Thursday, another important story was unfolding in Athens, where two days of strikes and protests failed to sway parliament members from passing a bill of austerity measures the Greek government insisted was necessary to avoid an even more catastrophic economic mess.
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World Trade Organization (CC-BY-ND)
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It’s been a few months since former International Monetary Fund head Dominique Strauss-Kahn made news for all the wrong reasons, and on Thursday yet another headline about DSK’s sexual past cropped up.
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Adam Zyglis, Cagle Cartoons, The Buffalo News —
Posted on Oct 2, 2011
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Hajo de Reijger —
Posted on Sep 15, 2011
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World Trade Organization (CC-BY-ND)
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Multiple sources are reporting that at a hearing Tuesday prosecutors are likely to drop some or all of the charges against former IMF head Dominique Strauss-Kahn, who is accused of attempting to rape a maid at a New York hotel. (more)
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Daryl Cagle, Cagle Cartoons, MSNBC.com —
Posted on Aug 14, 2011
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Martin Sutovec, Slovakia —
Posted on Jul 24, 2011
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Flickr / SpeakerBoehner
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No visible progress was made during deficit talks Sunday in which President Barack Obama failed to persuade House Republicans to support $4 trillion in cuts over the next 10 years. (more)
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Pavel Constantin, Cagle Cartoons, Romania —
Posted on Jul 10, 2011
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Taylor Jones, Cagle Cartoons, El Nuevo Dia, Puerto Rico —
Posted on Jul 10, 2011
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Jiho, Cagle Cartoons, France —
Posted on Jul 2, 2011
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Nate Beeler, Cagle Cartoons, The Washington Examiner —
Posted on Jul 1, 2011
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AP / Giorgos Kontarinis / Eurokinissi
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Despite thousands of protesters’ fierce opposition to the PM’s austerity plan and with calls of “traitor” ringing in their ears, members of the Greek Parliament voted Wednesday in favor of economic solvency rather than popular opinion. (more)
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AP / Petros Karadjias
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So, time is running out for the Greek government to put a plan in place in the interest of avoiding complete economic catastrophe. Too bad Prime Minister George Papandreou’s austerity-tastic ideas are failing to win over the protesters ... (more)
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World Economic Forum / Sebastian Derungs (CC-BY-SA)
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For the first time in history, a woman will lead the International Monetary Fund. French Finance Minister Christine Lagarde was tapped to replace Dominique Strauss-Kahn after he was accused of sexually assaulting a maid in New York.
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RJ Matson, Cagle Cartoons, Roll Call —
Posted on Jun 21, 2011
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Olle Johansson, Cagle Cartoons, Sweden —
Posted on Jun 21, 2011
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Paresh Nath, Cagle Cartoons, The Khaleej Times, UAE —
Posted on Jun 19, 2011
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Christo Komarnitski, Cagle Cartoons, Bulgaria —
Posted on Jun 18, 2011
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AP / Thanassis Stavrakis
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Three years into the Great Recession, the outlook is wobbly in the eurozone, according to the IMF. France and Germany are doing well enough to offset some of the economic problems plaguing their neighbors, but in a networked world, nations’ fates are intertwined.
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Arcadio Esquivel, Cagle Cartoons, La Prensa, Panama —
Posted on Jun 14, 2011
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bbc.co.uk
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He was met by hecklers siding with his alleged sexual assault victim outside the New York Supreme Court, but former IMF head Dominique Strauss-Kahn kept his own words to a minimum, pleading not guilty in a brief court appearance Monday.
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Manny Francisco, Cagle Cartoons, Manila, The Phillippines —
Posted on Jun 5, 2011
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PBS NewsHour / Talea Miller
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Due to predatory trade policies endorsed by the IMF and the Guatemalan government, tax-evading transnational corporations partnered with local elites make a killing off the country’s agricultural exports while more than half of its 14 million people suffer extreme poverty and threats of violence. (more)
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Arcadio Esquivel, Cagle Cartoons, La Prensa, Panama —
Posted on May 30, 2011
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Wikimedia Commons
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A group of Greek leaders fell short of reaching an agreement on Prime Minister George Papandreou’s austerity plan by week’s end, putting Greece on shaky ground in terms of the country’s chances of receiving more bailout funds from the IMF.
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Disregard for human rights runs rampant in the International Monetary Fund; computers are being designed with human DNA; and Playboy reveals the ins and outs of Americans’ sex lives. These discoveries and more after the jump.
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AP
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Would Dominique Strauss-Kahn’s alleged victim have been as quick to tell authorities her story if she hadn’t been a union member? Maybe not, The Guardian’s Dean Baker points out.
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By Richard Reeves — The French and American television coverage of Dominique Strauss-Kahn is not going to elevate either of two proud cultures.
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Taylor Jones, Cagle Cartoons, El Nuevo Dia, Puerto Rico —
Posted on May 23, 2011
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What an action-packed week it was—how will “Left, Right & Center” regulars Robert Scheer, Matt Miller and Tony Blankley and guest panelist Chrystia Freeland possibly cover it all in 30 minutes? But they do—and they also manage to slip a little Newt-talk in there, too. Listen and learn.
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AP / Shannon Stapleton, pool
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By Nomi Prins — As newly resigned International Monetary Fund head Dominique Strauss-Kahn hunkers down in his jail cell, IMF news has fallen into two categories. Both miss the devastation the IMF causes, regardless of who heads it.
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Wikimedia Commons / IMF Photographic archives
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File this one in the annals of unsurprising resignations: Early Thursday morning, the International Monetary Fund released a letter from Dominique Strauss-Kahn, the organization’s now former director, announcing that he was stepping down in the face of sexual assault charges. (more)
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Photo illustration from an image by Colin Grey
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On this week’s episode of Truthdig Radio in collaboration with KPFK: the great Bill Moyers, Nomi Prins on the scandalous IMF and Cole Miller on grass-roots philanthropy.
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On this week’s episode of Truthdig Radio in collaboration with KPFK: the great Bill Moyers on the desperate state of our democracy, Nomi Prins on the scandalous IMF and Cole Miller on grass-roots philanthropy. Update: Full transcript.
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Too Soon to Tell: The Case for Hope, Continued
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