Podcasts about imf world bank

India clinches a landmark FTA with the UK, opening up big wins for exports and tariff cuts on whisky and cars. Meanwhile, it squeezes Pakistan's water supply with fast-tracked hydro projects, and eyes IMF-World Bank funding to up the pressure. Also in focus: LIC's bold equity moves, a legal twist on Bajaj bonus shares, and Europe's cold shoulder on India's data regime. Tune in.

Having just attended the IMF-World Bank meetings in Washington DC, Alejo rejoins the conversation for some boots-on-the ground takeaways around the impacts of US trade policy to global economies. Plus, a review of focus points when it comes to broader emerging markets, China, and Latin America. Featured is Alejo Czerwonko, CIO for Emerging Markets Americas, UBS Chief Investment Officer. Host: Daniel Cassidy

In this episode of Current Account, Clay recaps a busy week in Washington, centered around the 2025 Spring Meetings hosted by the IMF, World Bank and IIF. Clay begins by analyzing potentially the largest focal point of the meetings: Trade. To help elaborate on some of the discussions, the episode features a number of snippets from speakers at the IIF Global Outlook Forum, highlighted by U.S. Secretary of the Treasury Scott Bessent, who gave insight and perspective directly from inside the Trump administration. Other quotations feature perspectives from the private sector, sentiment in Europe and China, how markets have been and will continue to react, issues regarding U.S. banking supervision, and many more. Other discussions proved to highlight the continued importance of transition finance and its evolving role in the financial industry, emergence of artificial intelligence and digital payments across a variety of agendas, and much more. This IIF Podcast was hosted by Clay Lowery, Executive Vice President, Research and Policy, with production and research contributions from Christian Klein, Digital Graphics and Production Associate and Miranda Silverman, Senior Program Assistant.

The International Monetary Fund/World Bank Spring Meetings have opened amid market turmoil stirred up by U.S. tariffs (01:01). Wall Street and the dollar plunged as investor confidence falters in the face of U.S. President Donald Trump's tariffs and his attacks against the Federal Reserve chair (37:21). And the presidents of Kenya and Azerbaijan are paying state visits to China starting Tuesday (15:26).

What personal information was compromised in the Hertz breach?The breach exposed customer names, birth dates, contact info, driver's licenses, payment cards, and some Social Security numbers. It stemmed from a cyberattack on Cleo, a third-party vendor previously targeted in a mass-hacking campaign.How is air travel changing, and what are the privacy implications?ICAO aims to replace boarding passes with digital travel credentials using facial recognition and mobile passport data. While data is reportedly deleted quickly, the expansion of biometric surveillance raises major privacy and security concerns.Why is the EU giving staff burner phones for U.S. trips?To mitigate potential U.S. surveillance risks, the EU is issuing burner phones to officials visiting for IMF/World Bank meetings—echoing similar precautions for China and Ukraine. It signals growing distrust in transatlantic cybersecurity.How are North Korean hackers using LinkedIn?Groups like Lazarus use fake recruiter profiles to trick targets into opening malware-laden job materials. These campaigns steal credentials and crypto, funding North Korea's sanctioned activities and highlighting the rise of social engineering threats.Why is Let's Encrypt shortening TLS certificate lifespans?Let's Encrypt now issues 6-day certificates, down from 90. Benefits include improved security and automation; drawbacks involve more frequent renewals, which could create dependency on issuing infrastructure.What is the "Smishing Triad" targeting now?This group has moved from fake delivery texts to targeting banks via iMessage and RCS phishing. They steal banking info to load stolen cards into mobile wallets, illustrating more advanced and lucrative phishing tactics.What's the significance of China acknowledging U.S. infrastructure hacks?China's tacit admission of involvement in Volt Typhoon cyberattacks marks a shift in tone. The U.S. sees these as strategic signals, intensifying concerns about critical infrastructure security amid geopolitical tension.What is Android's new auto-reboot security feature?Android phones will now reboot automatically after three days of inactivity. This clears memory, closes apps, and requires re-authentication—reducing the risk of unauthorized access.

In this BizNews Briefing, Bronwyn Nielsen delves into the debate over renaming Sandton Drive to Leila Khalid Drive. Former DA leader Tony Leon and political scientist Dr. Frans Cronje warn of serious consequences for South Africa's ties with the US if tensions persist. Hudson Institute's Josh Meservey offers a Washington perspective, while Deputy President Paul Mashatile shares his views from BNC#7 last week.

Thousands of Kenyans protested against a finance bill in June that would have increased taxes on many everyday items. This was proposed in part to help pay off loans from the International Monetary Fund (IMF) and World Bank, which account for more than 40 percent of the country's foreign debt. But what is Kenya's current fiscal climate? And how are these debts impacting gender equality? On today's episode of The Hidden Economics of Remarkable Women, host Reena Ninan talks with Nairobi-based reporter Sharon Kiburi, who has been following Kenya's debt crisis. Kiburi tells Ninan about her interview with Wanjira Wanjiru, a protest leader against the June finance bill, co-founder of the Mathare Social Justice Centre in Nairobi, and co-host of the Liberating Minds podcast. Then, we hear from Diana Gichengo, the executive director of the Institute for Social Accountability (TISA). She discusses TISA's efforts to engage with the IMF about their program in Kenya, which is largely expected to end in March. Gichengo spoke on a panel organized by Transparency International U.S. and moderated by the Trust, Accountability, and Inclusion (TAI) Collaborative on the sidelines of the IMF/World Bank meetings in October. Guests and organizations:  Sharon Kiburi, journalist based in Nairobi. This is her second time reporting for HERO. Wanjira Wanjiru, co-founder of the Mathare Social Justice Centre and co-host of the Liberating Minds podcast Diana Gichengo, executive director of the Institute for Social Accountability in Kenya   The Hidden Economics of Remarkable Women is a podcast from Foreign Policy, supported in part this season by the Gates Foundation, Northwestern University's Roberta Buffett Institute for Global Affairs, and the Atlantic Council. Learn more about your ad choices. Visit megaphone.fm/adchoices

With global public debt reaching historic highs, how are multilateral institutions approaching gender equality? This season, launching November 19th, we talk to some of the biggest financial and development leaders about the long fight to support women and girls at the IMF/World Bank annual meetings. Host Reena Ninan's interviews include: Christine Lagarde, President of the European Central Bank Malado Kaba, Former Head of Gender at the African Development Bank Gargee Ghosh, President of Global Policy and Advocacy at the Gates Foundation Anna Bjerde, Managing Director of Operations at the World Bank The Hidden Economics of Remarkable Women is a podcast from Foreign Policy, supported in part by the Gates Foundation, Northwestern University's Roberta Buffett Institute for Global Affairs, and the Atlantic Council. Learn more about your ad choices. Visit megaphone.fm/adchoices

Katie, Nicolaie, Gbolahan and Steven discuss takeaways for EM Edge economies from last week's IMF/World Bank meetings. Investors started the year ready to increase their exposures to EM Edge economies spurred by improved fundamentals, attractive valuations and reduced US recession risks. Improving fiscal and current accounts, better growth, high nominal (and real) rates and structural reform efforts drove interest in a diverse set of Edge economies. That interest remains intact. Yet, stories remain highly idiosyncratic which warrants differentiation. Following an overview of broad themes, the podcast goes into the most top-of-mind frontier markets from last week's meetings. Speakers: Katherine Marney, Emerging Markets Economic and Policy Research Gbolahan Taiwo, EM, Economic and Policy Research Nicolaie Alexandru-Chidesciuc, EM, Economic and Policy Research Steven Palacio, EM, Economics Research This podcast was recorded on 31 October 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4829599-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

Fresh from attending the IMF-World Bank annual meetings, Janet Henry, Fred Neumann, Paul Mackel and Murat Ulgen discuss the key questions facing the global economy, China, currencies, and emerging markets. Disclaimer: https://www.research.hsbc.com/R/101/DFtwWRK. Stay connected and access free to view reports and videos from HSBC Global Research follow us on LinkedIn https://www.linkedin.com/feed/hashtag/hsbcresearch/ or click here: https://www.gbm.hsbc.com/insights/global-research. Hosted on Acast. See acast.com/privacy for more information.

BestPodcastintheMetaverse.com Canary Cry News Talk #783 - 10.16.2024 - Recorded Live to 1s and 0s TESLAGENDA NOW | Mystery Drones, Techno Populism, Quantum Aether, Antarctica Door Deconstructing Corporate Mainstream Media News from a Biblical Worldview Declaring Jesus as Lord amidst the Fifth Generation War! TJT Youtube (backup) Channel: https://www.youtube.com/@TheJoyspiracyTheory The Show Operates on the Value 4 Value Model: http://CanaryCry.Support Join the Supply Drop: https://CanaryCrySupplyDrop.com Submit Articles: https://CanaryCry.Report Submit Art: https://CanaryCry.Art Join the T-Shirt Council: https://CanaryCryTShirtCouncil.com Podcasting 2.0: https://PodcastIndex.org Resource: Index of MSM Ownership (Harvard.edu) Resource: Aliens Demons Doc (feat. Dr. Heiser, Unseen Realm) Resource: False Christ: Will the Antichrist Claim to be the Jewish Messiah Tree of Links: https://CanaryCry.Party THANK YOU PRODUCERS OF TIME TALENT AND TREASURE!  WE WILL CATCH UP WITH THANKING EVERYONE ON AIR ON 784!  SHOW NOTES/TIMESTAMPS Podcast T- 6:25 HELLO, RUN DOWN    The End of the World According to Squidward 14:24 V / 7:59 P   DRONES 16:06 V / 9:41 P Mystery Drones Swarmed U.S. Military Base for 17 Days. The Pentagon Is Stumped. (MSN/WSJ)   ELON/TRUMP 25:57 V / 19:32 P Elon Musk has given nearly $75 million to his pro-Trump super PAC (NBC) → Musk to campaign in Pennsylvania after appearance at Trump rally (Reuters) → Tesla moves $765 million in Bitcoin to unknown wallets, Musk's crypto plan (Fortune) → Nvidia CEO Jensen Huang Praises Elon Musk For Achieving Something With xAI In 19 Days That Usually Takes At Least A Year: 'Singular In His Understanding Of Engineering' (Benzinga)   → Charles Dellschau 1830-1923  → Nikola Tesla 1856-1943 → Dr. John G. Trump MIT Tesla papers 1943 → WW2 1939-1945 → IMF/World Bank formed 1944 → UN formed 1945 → June 1946 Donald Trump is born → Kenneth Arnold WA 1947 → Roswell crash NM 1948 → WHO 1948 → Washington Flap 1952 → Elon born in 1971   WW3/CHINA 47:59 V / 41:34 P → Chinese scientists hack military grade encryption on quantum computer: paper (SCMP) →Project 2025: What a 2nd Trump term could mean for media and tech (Brookings Institute)   QUANTUM 57:46 V / 51:21 P Quantum computers makes things happen 'like magic' (BBC) → Quantum 'yin-yang' shows two photons being entangled in real-time (Live Science)   BASIL'S RANT 1:08:55 V / 1:02:30 P FEMA Loan program fully exhausted (politico) FEMA property aquisition (politico) Karine Jean Pierre Vid again   ANTARCTICA 1:33:08 V / 1:26:43 P Mysterious ‘doorway' discovered in Antarctic ice via Google Maps (NY Post) → Hidden Nazi bunker? Mysterious door discovered in Antarctica (J-Post)    OUTRO 1:39:33 V / 1:33:08 P END 1:42:24 V / 1:35:59 P

Join us live at the annual AMIC Forum “Mind the gaps – savings investment and financing the real economy” which is on 16th October in London, is free to attend and open to all interested market participants. Register here: https://www.icmagroup.org/events/the-amic-forum-mind-the-gaps-savings-investment-and-financing-the-real-economy/ Returning for this podcast episode are industry experts, Bob Parker, former Chairman of AMIC and Senior Adviser to ICMA, alongside Massimiliano Castelli, PhD MSc, Managing Director and Head of Strategy & Advice at UBS Asset Management, who also serves as the Co-Chair of the AMIC Executive Committee. This podcast was recorded on Tuesday 1st October 2024. In this podcast, the team discuss the recent central bank actions from across the developed and developing world as well as fiscal easing. Max and Bob also share their thoughts on the recent geopolitical developments and what impact this may have on the financial markets and the climate for investing overall. Join us for the next episode which will be recorded following the IMF World Bank meetings in Washington DC.  If you have questions or topics that you would like our guests to address in future episodes, please feel free to get in contact via email: AMIC@icmagroup.org.  Learn more about AMIC: https://www.icmagroup.org/market-practice-and-regulatory-policy/asset-management/

IMF, World Bank, and the New Colonialism: Pakistan’s Economic Struggles- Br. Azeemuddin  | Islam and the Subcontinent | Session 1 |   In this compelling discussion, Br. Azeemuddin sheds light on the modern form of... The post IMF, World Bank, and the New Colonialism: Pakistan's Economic Struggles- Br. Azeemuddin | Islam and the Subcontinent | Session 1 | first appeared on Islampodcasts.

IMF, World Bank, and the New Colonialism: Pakistan's Economic Struggles- Br. Azeemuddin  | Islam and the Subcontinent | Session 1 |   In this compelling discussion, Br. Azeemuddin sheds light on the modern form of economic colonization perpetuated by international financial institutions like the IMF and World Bank. Focusing on the debt trap that has ensnared countries like Pakistan, the speaker argues that these organizations have merely replaced traditional colonialism with economic domination, where nations are bound by crippling debts and forced to adopt policies that perpetuate their dependency on the West. The discourse critically examines the economic data of Pakistan, highlighting alarming statistics such as skyrocketing inflation, unsustainable debt, and a shrinking GDP, all of which contribute to the ongoing economic hardship faced by its citizens. Join Br. Azeemuddin as he calls for reevaluation of the capitalist framework imposed by these institutions and copels the listeners to look to Islamic economic principles for more just and sustainable alternative. Source: https://www.youtube.com/live/wU0DXh5hY58?feature=sharedAll-day conference with intellectuals, scholars, and activists to address the social, economic, and political issues of our time.

This is an unlocked premium episode. For access to new monthly episodes of Demon Forces and all SJ episodes, subscribe to the Demon Forces tier on patreon.com/subliminaljihad. Dimitri launches into the most complex and sinister chapter of Demon Forces yet, exploring how the First Liberal Civil War metastasized into a West African proxy conflict and “vast international conspiracy” in 1990-91. PART ONE: A CELEBRATION OF MARKETS, 1990-91 The crystallization of two de facto Liberian governments (IGNU vs. NPRAG), the formation of the anti-Taylor ULIMO force in Guinea/Sierra Leone, Mandingo Al-Haji Kromah declaring a jihad on the NPFL, US-trained Krahn General Albert Karpeh (murdered), the ULIMO-ECOMOG alliance, rumors of a US assassination plot against Taylor… The RUF invasion of Sierra Leone in March 1991, Taylor's murky relationship with Foday Sankoh, Dr. H. Boima Fahnbulleh's TRC testimony about Houphouet-Boigny convincing the French to back Taylor's rebellion, tacit US support for every side of the conflict simultaneously, Taylor's pre-war collaborations with future President Ellen Johnson-Sirleaf and the mysterious “intelligence officer”/Tolbert son-in-law Tonya King, and the Chet Crocker proverb: “Why don't we let you handle that one, Francois?” The emergence of a vast shadow economy in Greater Liberia, Taylor's highly lucrative dealings with foreign business entities, the anarcho-capitalist paradise, Taylor's connections to French businessman Robert Saint-Pai, French Ambassador to Ivory Coast Michel Dupuch, and the son of President Mitterand… Background on the simmering geopolitical and economic rivalry between Nigeria and Ivory Coast, the ‘70s Nigerian oil boom, Houphouet-Boigny's ill-fated attempt to force the world cocoa markets upward in the ‘80s, his bitterness towards “les Anglos-Saxons” colluding to suppress cocoa prices, African countries succumbing to IMF/World Bank “assistance” one by one, the regional power of the hard currency-backed CFA Franc, Liberia's role as West Africa's US Dollar zone… Meyer Lansky and Tibor Rosenbaum using Liberia as a money laundering hub during the Tubman era, Doe and “notorious Italian fraudster” Giancarlo Parretti using revenue from Liberia's oil business to buy companies abroad, the economic significance of the proposed Mount Nimba iron ore project on the Guinean border, Doe and Nigerian President Babangida skimming off Nigerian oil imports via the Liberian National Petroleum Company, French mining company BRGM and the Japanese Sumitomo Corporation, Taylor setting up business deals via his lawyer Ramsey Clark, Franco-Ivorian and Unification Church logging companies, UNITA laundering diamond exports through Liberia, the difficult-to-measure marijuana cultivation in northern Liberia, Taylor's belief that African leaders should earn hard currency by laundering money for drug syndicates, the Corsican Mafia in Ivory Coast, cheap Nigerian amphetamines and Guinean “Sekou Touré” pills, crack cocaine factories in Abidjan, Pakistani hashish, Polish crime syndicates, Taylor's Dutch consigliere Gus Kouwenhoven, and some preliminary materials for Dimitri's theory of anarchocolonialism.

Speakers:   Joyce Chang, Chair of Global Research Jan Loeys, Long-term Strategy Joe Lupton, Economic and Policy Research Natasha Kaneva, Global Commodities Research Steve Dulake, Global Head of Credit, Securitized Products and Public Finance Research     This podcast was recorded on 7 May 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4682573-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.  

We catch up in Washington DC with Dr. Alexis Crow, lead, Global Geopolitical Investing Practice, pwc. Recorded on the last day of the IMF-World Bank 2024 spring meetings, we go over the  key takeaways from our interactions with policy makers and analysts. From a mild upgrade in global growth forecasts to taking stock of the scarring of the pandemic, there was a sense of cautious optimism during the meetings. Ongoing geopolitical strife of course remained a shadow, and concerns were expressed on the impact of lingering high interest rates on various economies and markets. China-US tussle over economic overcapacity and industrial policy looks likely to intensify, although there has been a welcome rise in engagement between the world's two largest economies. We also discuss the latest deliberations on AI, climate change, and sticky inflation. See omnystudio.com/listener for privacy information.

The privatization program in postwar Sierra Leone was supposedly advanced by international financial institutions – the World Bank, IMF, African Development Bank – as a multi-sectoral development strategy aimed at reducing poverty and corruption, and improving economic growth and quality of governance and service delivery in the small West African country.   Since 2005, this World Bank and IMF supported privatization agenda has been called different names by successive regimes in Sierra Leone. Inaugurated by Tejan Kabbah as a "poverty reduction strategy", it was renamed “agenda for change and prosperity” by Ernest Koroma, and now rebranded as a “new direction and medium-term development plan” by Julius Maada Bio. However, its unfulfilled promise remained the same and included the supply of reliable electricity, the creation of value-added agricultural productivity, developing a national transportation network, and sustainable human development through efficient social service delivery. Twenty years later, this IMF/World Bank privatization agenda in Sierra Leone has produced, and still produces, the reverse of its pronounced objectives. Today in Sierra Leone, more than 90% of the population live in absolute poverty, with expenditures below US$1 a day, according to the IMF. With rising youth unemployment, high infant and maternal mortality rates, poor growth performance, lack of income and access to basic social services, and excessive debt overhangs, the country's development prospects still remain grim. Consequently, instead of advancing economic growth and reducing poverty, Sierra Leone's privatization program has heightened political corruption and led to intensified multinational exploitation. At the heart of this development nightmare is the hidden competition between British financed corporations and United States-backed companies for control of non-transparent service-related contracts and corruptly awarded critical infrastructure projects. In this episode, we discuss how the British Commonwealth Development Corporation (CDC) and the United States Development Finance Corporation (DFC) used shell companies registered and operating out of British Virgin Islands, Mauritius, Zambia, Lebanon, Turkey, United Arab Emirates, South Africa, Kenya, and elsewhere to impose manufactured debts on Sierra Leone between 2013 and 2023 with the promise of providing reliable electricity that is still unavailable to Sierra Leonean citizens. We highlight how Ernest Bai Koroma and Julius Maada Bio enabled these corrupt energy agreements in the last 15 years, and how various energy and finance ministers of both the All Peoples Congress (APC) and Sierra Leone Peoples Party (SLPP) served as agents for British financed companies and United States-backed corporations in the corrupt use of the privatization program to facilitate state corruption and multinational exploitation. Thus, we use the ruthless competition between the Commonwealth Development Corporation (CDC) and United States Development Finance Corporation (DFC) over the multimillion dollars non-transparent Western Area Power Generation Project loan agreements involving Blue Flare (BVI), TCQ Power Ltd, CEC Africa Investments Ltd (CECA), Milele Energy, the World Bank, African Development Bank, and other financial institutions to further illustrate how the privatization of social service delivery in Sierra Leone is corruptly enriching multinational companies and the local political elites, while increasing the sovereign debt crisis and worsening living standards for regular citizens. Hence, the current political and economic crisis in Sierra Leone, including the rigged June 2023 elections, skyrocketing taxes, and ongoing human rights violations, are directly linked to the unscrupulous competition between British companies and American financed corporations to exploit Sierra Leone's privatization of social service delivery. This episode is part of the VOICE FROM EXILE commentary series of the Africanist Press.

Simon's report for The Monocle Daily on Monocle Radio. #Ukraine #NATO #News #Politics #Biden #Russia #Zelensky

Resilience. Fragmentation. Divergence. These were just some of the buzzwords that emerged during the investor conference J.P. Morgan hosted at the IMF/World Bank Annual Meetings in October 2023. What else was top of mind for attendees? Join Joyce Chang, Chair of Global Research, Jahangir Aziz, Head of Emerging Market Economics Research, and Jan Loeys, Head of Long-Term Strategy, as they recap the key themes from the conference.   This episode was recorded on October 18th, 2023.   This communication is provided for information purposes only. Please read JP Morgan research reports related to its contents for more information including important disclosures.   Copyright 2023 JP Morgan Chase & Co. All rights reserved.

Headline Mission Weekly Report 17 ตุลาคม 2566 1. แจกเงินดิจิทัล 10,000 ผ่าน Blockchain 2. รถไฟฟ้า 20 บาท นโยบายแรกที่เริ่มดำเนินการ 3. สุริยะ ทดลองใช้รถไฟฟ้าสายม่วง-แดง 4. ประเดิมนโยบายแรกช่วยลดค่าใช้จ่ายให้ประชาชน 5. ใครได้ ใครเสีย 20 บาท คุ้มจริงหรือ 6. ปัญหาหลัก ส่วนเชื่อมต่อรถไฟฟ้า ซื้อบัตรหลายต่อ 7. รถไฟฟ้าแพง ค่าแรงสวนทาง 8. 20 บาทตลอดสาย มีแผนมานาน แต่ไม่เคยสำเร็จ 9. ปริมาณผู้โดยสารระบบรางในเดือนกันยายน 2566 10. ทิศทางต่อไป หลังปรับราคารถไฟฟ้า 11. แก่ก่อนรวย เอเชียประสบปัญหาหนัก 12. ไทยมีผู้สูงอายุเพิ่มขึ้น 14% ใน 19 ปี 13. วางแผนไว้ก่อนเกษียณ คือสิ่งที่คนไทยไม่ค่อยทำ 14. ชาวสหรัฐฯ มีค่าใช้จ่ายต่อเดือนสูงขึ้น 15. ค่าใช้จ่ายสูงสุด 3 อันดับแรกของชาวสหรัฐฯ 16. ราคาที่อยู่อาศัยไทยพุ่งขึ้นมากกว่าปีก่อน 17. เปิดรับสมัครแล้ว “Rebranding For Entrepreneurs สร้างโอกาสใหม่ให้แบรนด์เดิม สำหรับคนทำธุรกิจ” 18. ชนชั้นกลางมีบทบาทขับเคลื่อนเศรษฐกิจมากขึ้น 19. IMF และ World Bank เตือนเรื่องเศรษฐกิจโลก 20. Sphere สิ่งปลูกสร้างใหม่ที่เสี่ยงทำลายสิ่งแวดล้อม

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week's podcast includes discussions on: -Reorg's European private credit breakfast event, which took place last week at London's Biltmore Hotel; -French funeral services group OGF, ahead of what could be a challenging refinancing next year; -Key takeaways from last week's World Bank-IMF annual meetings; and -The primary market, with a roundup of action that's taken place since last week. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #performingcredit #distresseddebt #debtrestructuring #leveragedloans

Today, Jack talks about the discussions and consensus from the IMF-World Bank meetings and the tough EV market several automakers have endured. Topics discussed: The discussions and consensus from the IMF-World Bank meetings The tough EV market several automakers have endured Links mentioned in this episode: https://invstr.com/world-banks-meet/ https://invstr.com/rough-transition-into-ev-market/ https://invstr.com/october-16-watchlist-5/

In this episode of Current Account, Clay records live from the IIF's Annual Membership Meetings in Marrakech, Morocco. He is accompanied by colleagues to cover a variety of key issues talked about both at the IIF and IMF/World Bank meetings. Martin Boer, Senior Director of Regulatory Affairs, joins to talk about key regulatory issues, Jeremy McDaniels, Deputy Director of Sustainable Finance, talks about a number of topics in the realm of sustainable finance, and Jessica Renier, Managing Director of Digital Finance, covers Data Policy, Digital Payments, Artificial Intelligence and more.

As the UK competition watchdog gives the green light for Microsoft to buy Activision Blizzard, Ian King is joined by the CMA chief executive, Sarah Cardell.Sky's Economics and Data Editor Ed Conway speaks with the Chancellor Jeremy Hunt as he attends the IMF-World Bank meeting in Marrakesh.Sophie Lund-Yates at Hargreaves Lansdown speaks to Ian about the latest from the markets.

Facts & Spins for October 11, 2023 Top Stories: Israel claims to have regained all settlements bordering the Gaza Strip, the EU backtracks on its announcement to freeze Palestinian aid, Morocco hosts the IMF and the World Bank's annual meeting, Germany and France kick off a two-day retreat to smooth EU diplomacy, Biden is interviewed by the special counsel in the classified documents case, a man crashes his car into San Francisco's Chinese Consulate, Kari Lake is set to announce her US Senate bid in Arizona, former baseball star Steve Garvey enters California's Senate race, Hong Kong sees heavy rainfall following Typhoon Koinu, and Harvard professor Claudia Goldin wins the Nobel Prize in Economics. Sources: https://www.verity.news/

Manpreet Gill, Chief Investment Officer, Africa/Middle East/Europe, Standard Chartered, weighs in on the potential impacts of Israel-Palestine tensions on global oil markets; OPEC's latest medium- and long-term forecasts for oil demand; the US dollar as a safe-haven during these times; and what to expect from the IMF/World Bank's annual gathering.     Presented by Emaad Akhtar Podcast edited by Emaad Akhtar (eakhtar@sph.com.sg)See omnystudio.com/listener for privacy information.

The IMF-World Bank annual meeting takes place in Marrakech just weeks after a deadly Moroccan earthquake. The setting is apt for emerging markets and defaulting countries that are struggling with headwinds from all sides. Listen to our global financial and economic editors discuss those challenges -- and visit a barber shop in Argentina, where annual inflation is 124%.

Ondiro Oganga reports on President Lazarus Chakwera demanding the IMF and World Bank cancel loans made to Africans. --- Send in a voice message: https://podcasters.spotify.com/pod/show/africandiasporanews/message Support this podcast: https://podcasters.spotify.com/pod/show/africandiasporanews/support

Tamar Gutner, associate professor of international affairs at American University's School of International Service, leads the conversation on the international financial architecture. FASKIANOS: Thank you. Welcome to today's discussion of the Fall 2023 CFR Academic Webinar Series. I'm Irina Faskianos, vice president of the National Program and Outreach at CFR. Thank you for joining us. Today's discussion is on the record and the video and transcript will be available on our website, CFR.org/academic if you would like to share them with your colleagues or classmates. As always, CFR takes no institutional positions on matters of policy. We are delighted to have Tamar Gutner with us to discuss the international financial architecture. Dr. Gutner is an associate professor at American University's School of International Service, and expert on the performance of international organizations and their roles in global governance. In 2019, she held a CFR Fellowship for Tenured International Relations Scholars at the International Monetary Fund's Independent Evaluation Office. She is the author of International Organizations in World Politics, published by CQ Press; and Banking on the Environment: Multilateral Development Banks and Their Environmental Performance in Central and Eastern Europe, published by MIT Press. And she recently completed a book manuscript on the birth and design of the Asian Infrastructure Investment Bank and its role in the landscape of development banks. So, Dr. Gutner, thank you very much for being with us today. I thought we could begin by having you outline for us the various change-related proposals and activities facing the World Bank, other multilateral development banks, and the International Monetary Fund. Just a small question, but—(laughter)—over to you. GUTNER: Thank you. Thank you, Irina, for introducing me, and thank you for having me as part of this seminar. I think these seminars are just a fantastic way for scholars, professors, students, and others to engage with these important issues, and I'm really excited to see so many people from around the world and professors and students and I see some colleagues in the audience. So I'm really looking forward to engaging with all of you. Right, so this is a critical time for the IMF and the World Bank and other development banks because their importance has been heightened by the need for them to respond to the various crises and challenges that we're facing now. Many of these, as you know, are quite difficult to solve, like climate change. And the world is also dealing with the ongoing economic and social and health repercussions from the pandemic, the repercussions of Russia's invasion of Ukraine including food insecurity. And we're also living in a time when a lot more countries are at high risk of debt distress, and it's a time when it's becoming clear that progress toward achieving the Sustainable Development Goals are stalling. We also have major geopolitical tensions, which is an issue as well. So the IMF and the World Bank are leading international organizations in this scenario today. The IMF has been called the center of the global financial safety net. And the World Bank, meanwhile, is the leading multilateral source of climate finance, and is also playing a huge role in responding to various development challenges that impact its borrowing countries. And also, the regional development banks are addressing these issues as well. So for people who support multilateralism, there's widespread agreement that no one state or actor can solve any of these cross-border issues on their own. And that means we're living in a time when cooperation and multilateral action is absolutely essential, and these people agree we need more to be done to address these issues. But we're also living in a time when many states have inward-looking politics, where there's rising nationalism and populism. And this has produced people and leaders who either don't see the value of international organizations (IOs) like the World Bank and IMF or they see them as contrary to national interests. The IOs themselves—the international organizations themselves—also struggle with relevance sometimes and mixed performance sometimes. And the IMF and World Bank constantly face criticism. They're always being criticized. But I think one important thing to remember is that there's no consensus among the critics. There are always people who want them to do more. There are people who want them to be abolished. So when you're exploring the kind of critiques of these organizations it's important to keep that in mind, just they're coming from different actors and they have different thoughts. And, meanwhile, these institutions themselves, they have—it's tricky for them because they have a tough job. They have to be responsive to their member-state shareholders, who don't always agree with each other. They have to try to be responsive to other stakeholders, for example civil society actors; they don't always agree with each other or with their member states. And so these institutions are constantly being pulled in different directions and they have to navigate that. To their credit, they do try to adapt and adjust, not always effectively. And there's also variation in what they've done well and haven't done well. But it's precisely at this time today with these international crises that the Bank and the Fund and the other MDBs—multilateral development banks—have to try to do better. And what I want to do is offer you a brief overview of some of their efforts to do so and some of the challenges that face these efforts. So I'll begin with the World Bank, which is in the midst of a process to figure out how to update its mission, its vision, its strategy, and its operating model. And this is a process that has been driven by shareholders, including the G20 members, and lots of other consultations. Last fall—well, first of all, I want to say there are a number of proposals on the table on how to reform the World Bank and other MDBs, and they have in common calling for these institutions to do a lot more to address climate change and other global public goods. And some of them call for more effort to better engage with private capital and to rethink how these institutions, which are in part banking institutions, how they can maximize the impact of their capital. So last fall the World Bank embarked on what's been called an evolution roadmap to think through ideas for what should be done. This came out late last year amid calls for the Bank to be bigger and better. And this initiative was launched by U.S. Treasury Secretary Janet Yellen a year ago, and she led an effort with other non-borrowing and borrowing countries to call for the whole multilateral development bank system to evolve. As she put it, the world has changed and we need these vital institutions to change along with it. So the idea underlying all of these proposals is for MDBs to be more innovative and efficient. India made MDB evolution a priority in its presidency of the G20 this year, and there have been different expert panels that have also called for radically reformed and strengthened multilateral development banks. So what's interesting for this audience is this evolution roadmap process will eventually turn into the World Bank's strategy, its corporate strategy, and the latest version of it will be discussed next week at the IMF-World Bank annual meetings in Marrakesh. So if you're interested in following that, keep your eyes on the news. And the latest version is seeking approval for measures that will allow the World Bank to boost its lending by $100 billion. So this—the document circulating now for the development—the Joint Ministerial Committee of the World Bank and IMF—and we'll see what happens with it. And I'm happy to talk more about the document itself in the Q&A. These efforts to reform the World Bank are also impacting other regional development banks. So, for example, the Asian Development Bank recently announced it, too, will lend an additional $100 billion over the next ten years by relaxing some of its risk rules for its banking, how it manages its assets, without jeopardizing its triple-A credit rating. The IMF also has been trying to change and adapt in recent years. It's not directly part of this evolution framework that's focusing on MDBs, but the IMF has really turned attention to climate change and also to gender and inequality. And it's essentially pushing forward a kind of a slow change in thinking where economists, and finance ministers, and central bank leaders have realized that these issues are essential to macroeconomic stability. So climate change has become a more visible focus of the IMF's work, its work in surveillance, its capacity development activities, and its general work with countries. Its first strategy for mainstreaming gender was adopted in July 2022. And, like the World Bank, it has also created a number of mechanisms to respond to the pandemic. So it has a new resilience and sustainability trust. And the goal of it is to help low-income member states to address climate change and issues like pandemic preparedness. And it also has a new food shock window to offer emergency financing for countries facing food insecurity as a result of everything going on today. So this is—it's interesting to watch both of these institutions. The IMF typically has a harder time changing because it's a more rigid, set in its ways organization. But it, too—it's not your grandmother's IMF anymore. But all of these efforts are going to face their own sets of challenges. And I want to briefly highlight a few of them before we have our Q&A. So in the World Bank's roadmap, which is also being called a new playbook, the question is: Is it a zero-sum game to balance more focus on global public goods like climate change with individual countries' own development priorities? And there are many people who say, no problem. Kristalina Georgieva, the managing director of the IMF, when talking about this balancing issue, she said: Well, we can chew gum and walk at the same time. But these goals may have areas of overlap, where a country's own development issues do coincide with these global public goods, but there may be areas where they do not. And that's something that has to be worked out. There's also some criticism in civil society and other actors about asking the multilateral banks to do much more to engage with the private sector. First of all, this idea has been around for a while, this idea of turning billions and trillions, for example, was part of the 2015 UN Financing for Development Conference. And it hasn't really come through. So it's a difficult issue to do. There's going to be more work on it. But some organizations actually are concerned about potential negative effects of prioritizing incentives for private finance to provide co-financing to development efforts, because private sector goals are not always the same as public goals, right? So there's some areas of tension. And finally, I just want to flag that all of these organizations are calling for more collaboration. Collaboration is almost the magic wand that will help all these efforts to work out better. And, in fact, if you look at the IMF's new annual report, which was just published, it lists on its front page “committed to collaboration.” But, in fact, it's not that easy for these organizations to collaborate. And I'm happy to break that down a little bit more. And so this great emphasis on something that can be difficult will be something that these organizations have to grapple with. I'm happy to talk about more of the issues in our Q&A, but I think I should stop here and open it up to questions or comments. FASKIANOS: Thank you, Tammi. That was fantastic. So we're going to go to all of you for your questions. (Gives queuing instructions.) OK, so I'm going to take the first question from Mojúbàolú Olúfúnké Okome. Q: Thank you. Mojúbàolú Olúfúnké Okome. I'm a professor of political science at Brooklyn College. And I'm just wondering about this financial architecture that is much criticized, as you said. And I'm wondering the extent to which the criticism informs new decisions that are taken. So the criticisms about people who say the organization should be abolished is coming from the Global South, where there's been feeling since the 1970s that these organizations are not sufficiently sympathetic or understanding of the challenges faced by the countries that had unsustainable debt, and are still in a deeper state of unsustainable debt today. So how is the global architecture on these—in these organizations dealing with these challenges? I heard for the first time, like, in the last five years—Lagarde, I think it was—that said, oh, we made mistakes in some of the advice that we were giving. So who pays for those mistakes? People's lives are damaged, economies are wrecked. And you know, so what are the—what's the good of these changes, really? GUTNER: Yeah, thank you so much for that question, because that's a really good reflection on some of the harsh criticism that these institutions face. And I also would not be someone who says they do everything right, because they don't. But it has been interesting to watch some of the ways that they've evolved. So, for example, they do interact much more with civil society than they used to. I mean, it used to be in the old days when the IMF and World Bank had their annual meetings, civil society actors would protest outside on the street in Washington, DC. And I would tell my students, feel free to go down there but please maybe try not to get arrested, you know? So there were—there were very large protests. Now, when they have the annual meeting, civil society actors are in—are part of it. They're engaged in seminars. They're engaged in discussion. The institutions have strengthened some of their accountability measures, although I could argue some of them are also still weak. But there have been changes. So for example, the IMF now addresses and thinks about social protection, which it didn't used to do, and social safety nets, which it didn't used to do in the past. So you can argue that these changes aren't enough, and they're too late, and it's still harmful. But I think there is evidence that they do try to evolve and adapt, maybe not perfectly. And also, it's really difficult to change a huge institution. It's like turning a large ship. You know, it doesn't happen quickly. But the narrative today is different from the past. I mean, there is—there is more focus on climate change, for example. Which you can argue some countries, it's not really their priority. But even that's changing. More countries, more developing countries, are realizing that issues of climate change are related to them, whether it's through natural disasters, you know, hurricanes, floods, mud—you know, all of this. So I think it's—I think this criticism is still out there. And it exists. The institutions are imperfect. But they do—they do slowly try to adjust and adapt. And if you dig into it, if you go into detail, you'll find that they do a better job in some issues than others, in some countries than others, in some periods of time than others. So as a scholar I would argue that you—it's hard to make a blanket statement about them without kind of unpacking, you know, specific cases and over time. FASKIANOS: Thank you. I'm going to take the next written question from Jon-Paul Maddaloni, a military professor at the U.S. Naval War College: For the World Bank, what is the definition of creditworthy? Is this a debt-to-GDP ratio? Is there a standard here that may be part of the developing world grievance against the World Bank? GUTNER: So there are complex ways of assessing that. But basically, one of the major ones is to decide if a country is eligible for IBRD loans, which are International Bank for Reconstruction and Development, the main part of the World Bank, which are loans that have to be repaid. And if a country is relatively less creditworthy or poor countries can access grants, or no-interest loans, or concessional funding from the World Bank's arm that's called IDA, the International Development Association—or, Agency. (Laughs.) I just—I just call it IDA. So if you're—if you're able to access IDA funding, you're relatively less creditworthy. The World Bank also has other facilities to offer—both the bank and also the IMF—capacity development, which is just money given for technical assistance. And those are the different categories for the World Bank. So countries can change category. So if a country becomes more economically stronger, it can graduate from IDA concessional financing. If it becomes weaker, it can access that financing. And there are some countries which can get a blend. In other words, they're creditworthy enough to be able to take some amount of loans, but not enough so that all of their financing can be a loan form. So these are some of the ways that the World Bank responds to different categories of creditworthiness. FASKIANOS: Fantastic. I'm going to take the next question from Fordham's International Political Economy and Development Program. They have a raised hand. If you can just say who you are. (Laughter.) Q: Thank you for being with us today. I'm Genevieve, part of the Fordham IPED Program. My question is, what are some specific examples of how a country's national political landscape and private interests cause these setbacks for cross-sectoral collaboration in these development banking efforts? And how do these large banking institutions work around corruption, for example? GUTNER: I'm sorry. Can you repeat the first part about collaboration—cross-sectoral collaboration? Q: Yeah. What are some specific examples of how a country's national political landscape and private interests cause setbacks for cross-sectoral collaboration for these development banks? And then we could take corruption as an example. GUTNER: So I'm not 100 percent sure what you mean by the—by the cross-sectoral collaboration. When I'm focusing on collaboration, or when the narrative is focusing on collaboration, it's really focusing more on collaboration between, for example, the World Bank and IMF. How do they collaborate? And the answer to that is, they haven't collaborated well for almost eighty years. But that's not—what I think you're asking is, what happens between these institutions and the national level? Well, one issue—the issue of corruption has become much more widely discussed in both the World Bank and the IMF. In the past, it was seen as a domestic political issue, which is really outside their articles of agreement. They're not supposed to get involved in these domestic political issues. But there's much more awareness today that corruption—for example, in the IMF—corruption impacts a government's health—the fiscal health, their ability to have money to spend on development. And the same is true for the World Bank. So there's much more attention on these issues. The institutions still have to navigate carefully so that they don't look like they're getting involved in politics, even though they can't really avoid it. But so corruption is much higher on the priority list. And it can impact a country's ability to get funding from either institutions. So from the World Bank, and they have—they have lists of companies they won't work with in procurement, for example, who are barred from engaging in procurement. And it's part of discussions. It shows up in the partnership—the framework documents that both countries produce for individual countries. So a kind of a—this is a long way to say, it's on the radar and it matters. But a lot of the collaboration issues are related to how the institutions work with each other. But also in country, I should add, that in some countries the donors collaborate on the ground. So they meet together and they try to make sure they're not overlapping. There's—it doesn't always work very well. You know, in some cases it works better than others. But for the institutions to collaborate more with each other, they have faced many challenges in doing that. FASKIANOS: Thank you. I'm going to take the next question from Joshua McKeown, associate provost and director of the international education at State University of New York at Oswego: For context, how much lending does the World Bank do in comparison with regional development banks? GUTNER: Well, I guess it depends. I don't have all that data at my fingertips, but the World Bank in the last—in—let's see, I do have the World Bank data at my fingertips. Let me just pull it up. See where I had it. The World Bank in its current annual report, the IBRD committed $38 and a half billion in 2023. IDA committed $34 billion. The regional banks are much smaller, so the World Bank tends to be the largest. But there's also a lot of variation across the regional banks as well. Now it's important to say that they will often cofinance projects with each other. So the regional banks will engage with the World Bank, and they'll have shared projects, and they'll work together. There are times where they also will compete with each other on occasion. They might both be interested in funding an airport—building an airport somewhere. And one of them may offer more attractive terms than the other. But the competition is not kind of a serious problem, because basically wherever you look in the world, there's almost an infinite demand for infrastructure finance. You know, show me a city that doesn't need a new metro, or the roads repaired, right? So there's a lot of demand out there for these banks to be able to do what they do. And but that has to be tempered with the, on the other side, how much debt can an individual country take on? And that's where we're seeing more serious problems today. FASKIANOS: Thank you. I'm going to take the next question from Samia Abdulle from Professor Fazal's class. And she is at the University of Minnesota: How has COVID-19 renewed the debate about the World Bank's role in international development? GUTNER: That's a great question, because when it comes to crisis, member states turn to these institutions right away. And this is a little separate from your question, but before the global financial crisis, for example, the IMF and the World Bank had seen their demand for their services drop dramatically. There were questions about the legitimacy of the IMF. Then the global financial crisis hit and, boom, they were kind of the go-to organizations to help respond to these issues. So the World Bank and the IMF both responded pretty rapidly to the pandemic. And they each came up with new facilities, they got money out the door quickly, they relaxed some of their conditions. So they both had a kind of a robust response. Now, there are people who are saying, well, it was not enough. It should have been more. But, you know, they did a lot. And in an emergency situation, also, you have to remember, they all had to work at home as well. So everybody was working at home. Nobody could travel, but yet they got a lot of money out the door quickly, in different kinds of ways. And I think what we're going to have to revisit down the road is, did any of that money disappear? You know, where—was there accountability for all this money, because it was moved out the door so quickly. And the head of the IMF, Kristalina Georgieva, would say: Just save your receipts. (Laughs.) Just save your receipts. But that's going to be something to see, what happened with this money, where did it actually go, how did accountability work? But the World Bank alone got $30 billion—it dispersed $30 billion in fifteen months at the beginning of the pandemic in emergency support. So they really did step up. And whether it was enough or not is a matter of opinion. But they moved—they did move quickly. And I should just add, since you asked about—I just want to add one thing. The World Bank was involved in getting people access to vaccines, helping weak health infrastructures in countries, and all kinds of issues related to the pandemic. FASKIANOS: Fantastic. So I'm going to take the next written question from Yiagadeesen Samy, who's the director of the School of International Affairs at Carleton University in Canada: You already covered the AIIB in your opening remarks, and we will be circulating this transcript in the video later, but let's look at the second part of the question. Can you comment a little bit on whether the proposed changes to MDBs are a reaction to China's growing influence? And if so, what your views are about the changing geopolitical economic dynamics? GUTNER: It's so great people are asking these simple questions. (Laughs.) FASKIANOS: I know! GUTNER: Yes. FASKIANOS: Keeping you on your toes! (Laughs.) GUTNER: Yes. So let me preface by saying this: China has different strategies in development banking. On one side, you have the AIIB, for example. On the other side, the Belt and Road Initiative. The AIIB is not—in my research, it's cut from the same cloth as other development banks. It's not a threat. It's a part of the landscape of development banks. It's part of the community. It was designed by an international group of experts. In fact, the person who wrote the AIIB's articles of agreement was an American. And the person who designed the AIIB's environmental and social framework was an American. So it was a—it was a real international effort. And in fact, the World Bank helped the AIIB get set up. So the World Bank volunteered staff and gave the AIIB advice on things like vacation policy and office furniture. This is the Beijing office of the World Bank. And the World Bank even ran the AIIB treasury at the beginning, and it cofinanced projects. So the AIIB is cut from the same cloth as development banks. Now, it does have some differences. It's has—it's much smaller. It has a staff under four hundred. The World Bank is ten thousand, for example. And so there are some people who think it might have spurred the World Bank to pay more attention to doing more on infrastructure, which it had moved away from a little bit because that's the AIIB's focus. But the Belt and Road is something different. It's a bilateral initiative. It's an umbrella for Chinese financial institutions to lend money for infrastructure. It's not actually an organization. It's just an umbrella term. And there are differences, because the banks lending under the Belt and Road, Chinese institutions, they don't follow global norms on environmental and social framework, on safeguards. They're not transparent. We can't—we don't know how the loan is structured. They don't report the lending numbers to the Paris Club, for example. So there's a real difference between China's strategy in the AIIB and China's strategy in the Belt and Road, which reflects the different natures. There's not one Chinese strategy. So I think, in a way, the existing development banks help the AIIB more, and their staff help the AIIB more. The Belt and Road is a separate thing. But what I think is going to be interesting is to see if the borders, the boundaries between what is done following global norms, and rules, and procedures, if there's any kind of crossover with what's inside those borders and what's outside those borders. So for example, the AIIB is hosting a facility to help countries better design infrastructure projects that might be undertaken under Belt and Road. And so we just have to keep an eye on that. But it's not—it's not a bleak or black and white picture, the way some people describe it. FASKIANOS: Fantastic. A good follow up question from Steven Shinkel, who's the military professor of national security affairs at U.S. Naval War College: Can you compare the relative use of concessional loans between the World Bank and China? What about loan forgiveness, especially in regions such as Africa and South America? GUTNER: Right. So most of the Chinese lending under Belt and Road is not concessional. Most of it is not concessional. And often interest rates are higher than a comparative loan, even from the IBRD, even non-concessional lending. So they will often charge higher interest rates, but they will have less conditionality. So a country trying to decide who to take a loan from will have to weigh that. Do we want a lower interest rate loan from the World Bank that might have more policy conditionality, we might have to adjust our policy, we might have to think about environmental impacts more? Or do we want a slightly more expensive loan from a Chinese lending institution, but it doesn't have any strings attached? So that's kind of the part of the decision-making that borrowers have to go through. On debt—the second part was on, I'm sorry, the question disappeared. On debt? FASKIANOS: Oh, sorry. Yes, the second question is: What about loan forgiveness, especially in regions such as Africa and South America? GUTNER: Well, that's something that's being widely discussed right now, because Chinese institutions haven't been as comfortable about that, or as used to that. And they're—you know, they're being pushed by other institutions. Hey, you have to take a haircut too. We all have to—we all have to do that. There is a little bit of that going on. But it's something—I mean, if you read the article suggested in the email about this talk by Deborah Brautigam, she really unpacks that in great detail. And she makes an argument that there's some kind of learning and give and take that's happening and we need to see more of it. FASKIANOS: Fantastic. Next question from Lindsey McCormack, who's a graduate student at CUNY Baruch College: There's a lot of activity in the U.S. and Europe with new disclosure standards on climate and social impacts of corporations. How do the multilateral development banks relate to this activity? Are they seeing more pressure to discuss—oh, sorry—disclose climate and social impacts of their lending? GUTNER: Yes. (Laughs.) Yes. Now, they already do a lot. They already have environmental and social safeguards. And they've all moved away from funding oil and gas, or mostly oil and some gas. So they're moving away from that. And they're all working together, actually—I mean, I think it's an important example of networking—of the network of MDBs—that they're all moving toward meeting—complying with the Paris Agreement and showing how they're doing that. Now, some of this is how they measure things, and how they label things, and how they account for things. So there's still some debate on whether they're doing enough. But there's, for sure, pressure from NGOs and others. And the banks are moving in that direction. And they're—they're proudly touting how their projects comply. A high percentage of their projects are complying with the Paris Agreement. But there's still some interesting criticism coming out. So, for example, there was a recent report by a German NGO that said the World Bank's private sector lending arm, the IFC—that the IFC was making loans for trade support where that money might go into oil and gas. But you can't tell, right? So they were calling for more transparency on how the IMF is—how the IFC is doing trade credits. So that's something that's very recent. You can look that up and read more about it. FASKIANOS: Just to follow on, how are the multilateral development banks structured? And how effective do you think they are? GUTNER: Structured in terms of what? I mean, I can talk generally in case—so they— FASKIANOS: Yeah, I think corporate structure. GUTNER: So they have—they all have board of governors, which are all the top relevant officials of their member states, typically the finance minister or the central bank head. And they meet once or twice a year. And they make the big decisions. So one thing that's important to realize is a lot of these countries are members of a lot of development bank—there's a lot of overlap in membership. And that's also a way to cross-fertilize ideas, and policies, and things like that. They all have boards of directors, which are more engaged with the day-to-day business. And the—voting is based on your shareholding in the development bank. And that is based broadly on your economic strength. So the economically stronger companies have—stronger countries have a larger share and more voting power. And then you have the presidents of these organizations that have an important leadership role. And then you have the staff. So that's basically the structure of these development banks. And meeting next week are the board of governors and the directors in Marrakech for the World Bank and IMF. And you can see how they engage with staff and how they help set the strategic tone for the institutions. FASKIANOS: Fantastic. And I just want to remind everybody to raise your hand if you want to ask a question. Everybody's a little bit shy today, or else Tammi's been so thorough that you have no questions. (Laughter.) But I have more questions. But first, I'm going to go to Don Habibi, who is a professor at the University of North Carolina Wilmington: With yesterday's stock market plunge and political instability in the U.S., how much concern should we have over the multitrillion-dollar national debt? GUTNER: So that's not an issue that directly impacts the international financial institutions, the IMF, and the World Bank, right now. I mean, the U.S. is the largest shareholder of both, and they both—or, the World Bank has a AAA credit rating. So it's not really—we might be concerned over national debt, but so far it's not having a big impact on the dollar. So far, it's not having a big impact on investment. So there's always kind of some concern, but it's not—it's not translating into anything that's making people nervous about how these organizations operate. But, you know, one place to look for an answer, I'll tell you this, is when the IMF does surveillance, it does—which are its reports on the economic health of individual member states. It does these surveillance reports even on the rich countries. It does them for everyone. So I would suggest you look for the latest article for surveillance report that the IMF has done on the United States, and see what it has to say about concerns about debt. FASKIANOS: Fantastic. You recently completed a book manuscript on the Asian Infrastructure Investment Bank. Some policymakers and scholars have argued it is a threat to the World Bank. Can you talk about if you agree with that or disagree? GUTNER: Oh, right. So I answered a little bit of that earlier, actually, which is: I don't think it's a threat because I think it's cut from the same cloth as these other development banks in terms of it has similar policies, it has similar governance rules. The World Bank—it's signed MOUs, memoranda of understanding, with all these other development banks. It cooperates with them. It cofinances projects with them. So I think the narrative of the AIIB being a threat is not correct. Could something change in the future? Who knows. But there has been a recent scandal at the AIIB. And we don't know how that will yet be resolved, where this past summer the Canadian director of communications resigned dramatically, suddenly, arguing that Communist Party committees were somehow involved in the work of the bank. And we—so, Canada froze its membership. So that's a bit of a scandal and a crisis at the AIIB. And Canada is doing its own report on what happened. So I kind of think we have to see what comes out of that report. If Canada decided to leave the AIIB, would it impact any other members? Too early to say. But so far, there's nothing directly threatening about its work. It's walked and talked and behaved like other development banks. It does have some differences. It has a nonresident board, which was seen as a cost-saving measure. You know, why have all these people sit around and cost a lot of money? But there are some civil society actors who think that that could produce less accountability. If the board is not there, you know, the bank has more kind of autonomy to do—more independence. So there are some differences. But so far, it's been just another member of the multilateral development bank system. FASKIANOS: Thank you. All right. We have more hands raised, which I'm very excited about. Tanisha Fazal, who is the Weinstein chair of international studies at University of Richmond: You mentioned the difficulties of collaboration between IMF and the World Bank. Can you please elaborate on what you see as the primary obstacles to collaboration between MDBs? GUTNER: Yes. I'm happy to talk about that. So that was the topic of my year—my Council on Foreign Relations fellowship at the International Monetary Fund's Independent Evaluation Office. And we were evaluating Bank-Fund collaboration. And I was part of the overall evaluation, which you can find online. And I also wrote a separate paper on the history of Bank-Fund collaboration. And I found it to be absolutely fascinating, because these two institutions were created together at the Bretton Woods Conference. And they're called the Bretton Woods twins. They're literally across the street from each other. There's an underground passage that connects the two. They interact all the time. They have a joint orchestra. I don't know if anybody knew that. (Laughs.) They used to share a library. So there's a lot of—if any two organizations should be able to work closely together, it's these two, right? This should be your best case, and yet they've struggled for their entire existence. And I think one of the obstacles is that over time their issues have overlapped. So an example of that is today, when the IMF is doing more on climate change, gender, and inequality, which traditionally is the work of the Bank. So their work has kind of—over time, given the issues facing the world, it's kind of naturally overlapped. And what I found that was very interesting is in over twenty-five different formal attempts the two institutions produced to collaborate with each other—memos and announcements by the heads of the institutions—for decades, what they meant by collaboration was turf delineation. Collaboration meant you stay out of my territory. (Laughs.) I don't think of that as collaboration. It's working together on a common objective, right? So that was what they meant by it, and for many years what they—what the solution was, that the institution that's not in charge of this issue should yield to the judgment of the other one—the yield to the judgment one. So I think turf overlap has been a problem. But even when they make an effort, often they have different incentives, they have different budget cycles, they have different—you know, it's just not that easy. And the IMF's latest strategy for collaboration has been when IMF staff encounter an issue that they don't have expertise in, they should leverage the expertise of the World Bank and other partners. Well, that, to me, sounds like one-way collaboration, which is an oxymoron, right? That if the IMF needs help, it should call the IMF and get help—I mean, call the World Bank and get help. But for the World Bank, they might be busy. (Laughs.) So those kinds of challenges persist. There have been times where they do create a truly collaborative effort, like the HIPC Initiative, or the FSAPs, or the PRSP—sorry for all the acronyms—but where they—where they have a shared work program and shared guidance and shared expectations. Those have tended to work better than big umbrella exhortations by the leaders saying: Collaborate! You know, do more collaboration. Those have tended to work better, but they also run into individual problems. So really, the upshot is, even though you would expect collaboration to be the easiest and make most sense between these two institutions, in fact, it's often been a struggle. And some people found, when I mentioned the IMF's resilience trust, that's something that would normally have been undertaken by the World Bank. So they have not—they have had challenges collaborating, and those continue. FASKIANOS: Thank you. And I need to correct the record, my apologies. So that question was from Tanisha Fazal, who is an associate professor of political science at the University of Minnesota. So the next question is from Sandra Joireman, who is the Weinstein chair of international studies at University of Richmond. So my apologies. So this this question is from Sandra: Some of the previous efforts to address the environmental impacts of certain projects were ineffective. Do you think new efforts to address the environment and climate challenge change will be better? If so, why? GUTNER: So I'm guessing you're referring to the World Bank? And, yes, there's a whole long history of the Bank addressing environmental issues. And it really started in the 1980s, when NGOs identified projects that had gone horribly wrong and caused enormous environmental degradation. Like the Polonoroeste highway in Brazil. It was a famous—infamous example. And the Narmada dam in India. These are infamous examples. But when you look over the years, there have been improvements to what kinds of things the Bank can lend money to, how strong the environmental and social safeguards are. So when I look at the whole history of the World Bank and environment, I basically see it is not a one-way trajectory, and as forward or backward. I see it as more zigzag steps, some forward steps, some backward steps, some forward steps, some backward steps. So overall, because climate change is becoming one—it's about to become a major part of the Bank's mission and vision. So before it was shared prosperity and poverty reduction, and now it's going to—if it's all approved next week—it will be shared prosperity, poverty reduction, and a livable planet. So climate change is kind of moving the front row and center. And that will make it harder for the Bank to fund projects that can be criticized. It will make it much more important that it follows these solid environmental and social framework rules. So I think it's a move in the right direction. But as I mentioned earlier, we're still seeing criticism from NGO about things slipping through the cracks, like trade finance, right? Or another area that's weak is the World Bank—the IFC and the World Bank will sometimes lend money to financial intermediaries. So it's like—it's like lending money to a local bank that then lends it out for something else. And there's been less oversight about how that money is on lent, and whether that can go for something that's damaging to climate change or the environment. So they're moving in the right direction. I think there's been progress. I think there's been backward steps and forward steps over the whole arc of the World Bank's efforts in this area. And I think there's still going to be some criticism as they address some of these areas where there's slippage. FASKIANOS: Thank you. I'm going to take the next question, a raised hand from Sheri Fink. So, Sheri, if you can say who you are and accept the unmute prompt. Q: Oh, I'm sorry. I think I pressed the wrong button. I didn't mean to raise my hand. Sorry about that. FASKIANOS: OK. No problem. All right. I will take the next question from Eric Muddiman, master's student at Norman Paterson School of International Affairs in Ottawa, Canada: In terms of mobilizing more private capital and development, there has been discussion on MDBs' role in mitigating risk. Private sector are not allowed to invest in BB/BBB ZIP code investments from a regulatory perspective. Are there concrete proposals advancements in these discussions? GUTNER: Yes. Do I know what they all are? No. It's kind of a live discussion. And I know, in the new World Bank—the latest version of the evolution roadmap, there's talk about creating, like, a lab—an innovation lab, or a private sector lab, to try to do more. Some of the banks have hubs in some areas where they—areas in the developing world where they might have better access to private sector actors. And they're trying to engage with private sector actors in conferences and find ways of discussing project ideas. So that's not as concrete as you like, perhaps, but there are efforts to think about this. And there was a seminar at the spring meetings with private sector actors who are also saying that they felt they could do more to engage colleagues and find ways to bring the private sector and public sector together. So there are initiatives, seminars, hubs, labs. You know, all of this stuff is kind of lively and happening right now. And I do think it will be interesting to see what, if anything, catches on. Because, as I mentioned earlier, this discussion has been going on even before 2015, but the turning billions into trillions discussion. And it just hasn't worked out that well, because of these issues like risk, right? Private sector actors may not want to involve in countries where the risk is too great and where countries don't have capacity, where they have weaker capacity. So there are many challenges in this area. And just a variety of activities and ideas being put forward to try to respond. FASKIANOS: Thank you. Next, a raised hand for Walton Brown. You can accept the unmute. There you go, Walton. Q: So I too—I didn't intend to hit anything. I'm so sorry. FASKIANOS: OK. That's OK. GUTNER: You can still ask a question. (Laughter.) FASKIANOS: That's OK! You can still ask a—exactly, Tammi. We can—we can still—we love hearing from you all. So, all right. Well, we will continue on— Q: And my phone is troubled. FASKIANOS: Phone is troubled. (Laughs.) No problem. That's just fine. OK, so I'm going to go next to—let's see, we've got several who don't have affiliations, but let me go to Holley Hansen: A lot of previous questions have focused on the World Bank or IMF operations. But going back to your original remarks, there also been discussion on how internal rules and procedures, such as voting, leave stakeholders out of the decision-making process. What major suggested reforms to internal decision-making do you think are viable? And what are the pros and cons of changing those rules? GUTNER: Well, the voting is part of internal decision-making. So the voting is part of that. And the real issue has been, how can—well, one of the real issues is shouldn't China have a greater stake? Shouldn't China have a higher stake? Because China is now the number-three largest stakeholder in the World Bank and the IMF, after the U.S., number one, and Japan, number two. But its stake, at around 6 percent, is really less than it should be if you follow the kind of formula they use to calculate a state's economic strength. It's been calculated that really it should be more like 12 percent, right? So part of the discussion is how to give developing countries, and especially China, more weight in governance through the—through the voting share. And that's an ongoing discussion. Right now, in today's kind of more tense political—global political environment, it's hard to imagine the U.S. supporting something like that at this juncture of time, although there have been reports that the managing director of the IMF is open to it. So I think this is going to be one of the issues that is discussed in Marrakesh next week, what to do with these voting shares? But they do adjust them every so often. So China did move up from having a lower ranking to now being number three in the IMF and World Bank. So it does happen over time. Internal decision-making is a whole complicated other kind of issue. And these development banks, you know, they all face internal decision-making challenges. They all face kind of common tensions. So one of them is how you balance authority between the country—people who work in the country and people who work on sectoral issues. So how do you—who should—who should have more decision-making authority, the country level or the sector level? There are decision-making issues and tensions between the public sector lending arms of these development banks and the private sector lending arms, because they have different incentives and different goals. So there have been challenges inside these development banks with kind of internal silos and where power and authority should be held. And it's hard to come up with what the right answer is. You know, there are pros and cons to giving more power to the country or more power to the sector. And in fact, these banks restructure from time to time. And if you look at kind of the history of the restructuring of some of the major development banks, they sort of move back and forth between where they think authority should be located. So these issue—it's a whole other can of worms than voting power on the board of directors. But it's important, because it can affect their performance. It can affect their performance and their ability to function effectively. FASKIANOS: Thank you. I'm going to take the last question. We have several quick questions from Fordham again. Let's see. There you go. Q: OK, thank you. So in the worst case scenario that the U.S. and China engage in conflict in Taiwan, how would the World Bank respond to the economic shocks of this in geographically vulnerable neighboring countries, such as Vietnam, Laos, and the Philippines? GUTNER: That's a tough question. Thank you for ending this with a really tough question. We're not supposed to say I don't know. (Laughs.) We're supposed to have—that's a tough one, because, again, China is number three at the World Bank. So if China—couldn't—most of the time voting doesn't happen. Most of the time, it's consensus. So it's hard to predict. I mean, you'd have to unpack a lot of different things there. You'd have to unpack what kind of—what would the World Bank normally do? Would it normally—would it affect development lending to neighboring countries? I mean, it's interesting to look at the case of Russia's invasion of Ukraine and how—what the response to that has been, because Russia's a member of all these institutions too. But the development banks mostly froze lending to Russia. Also, the AIIB did, because it had to comply—to comply with these sanctions. So Russia lending has been frozen. And these institutions are all giving money to Ukraine to help Ukraine rebuild. So there is kind of a situation that can be—that can be used to compare, to kind of get ideas about what might happen, right? And even at the AIIB, Russia is number three largest shareholder in the AIIB. It's China, India, and Russia. And the AIIB immediately froze lending to Russia. So we could—we could kind of play out different scenarios, but there's a lot of unknowns in that case. And I do think looking at the response of MDBs to Russia's invasion of Ukraine could provide some useful lessons. FASKIANOS: Tammi, we are at the end of our time. And I apologize that we couldn't get to all the questions. I wonder if you could just take a minute. You were awarded a CFR Fellowship for Tenured International Relations Scholars, which allowed you to work—be placed in a government office. So if you could just take a minute to talk about that experience and encourage other professors to apply. The deadline's coming up. It's the end of October. So it just would be great for you to just give us your— GUTNER: Absolutely, yes. All the professors in the audience, please apply for this, because it's a special, invaluable experience. When you're—when you're studying something, and you have the opportunity to be an insider for a year, I can't even tell you how much you learn. I learned being—and it's a two-way street. They benefit from the expertise of the scholars who are coming in because we bring a different perspective. We bring different analytical and methodological tools. And I just can't tell you how much I learned that I could never find out as an outsider, including the IMF-World Bank orchestra, or the—(laughs)—yeah, actually, maybe some outsiders know that. But really, to open up the black box of an organization and see firsthand about how things work internally, what the culture's like, how things get done, what happens in the hallways. I mean, all that stuff, all of those kinds of details really enhanced my scholarship and shaped my research direction, working on these issues of collaboration, for example. So if any of you are considering applying, please feel free to get in touch with me if you have any questions about the fellowship. I'd be happy to discuss it with you. FASKIANOS: Thank you. Thank you for that, and for your amazing insights into these issues. And to all of you for your great questions. You can follow Dr. Gutner on X, the app formerly known as Twitter, at @TGutner. And for the students on this call, CFR has paid internships. So to learn more about the internships you can go to—and also the fellowships—you can go to CFR.org/careers. Follow us at @CFR_Academic, and visit CFR.org, ForeignAffairs.com, and ThinkGlobalHealth.org for research and analysis on global issues. And the next Academic Webinar will take place on Wednesday, October 11, at 1:00 p.m. (EDT). Landry Signé, senior fellow at the Brookings Institution, will talk about Africa on the global stage. So, again, thank you to Tamar Gutner. And to all of you, have a great rest of your day. GUTNER: Thanks for having me. And thanks to everyone for attending. (END)

In this episode of Current Account, Clay recaps the recent G20 meetings in India, focusing on the topic of Multilateral Development Bank (MDB) reform. The discussion covers the US approach, what impacts MDB reform may have and how the upcoming IMF/World Bank meetings will discuss this topic.

Why is the US Dollar so dominant? What can be done to fix that? Are countries de-dollarising?Does the west dominate the world through the IMF and the World Bank? How is that linked to Bretton Woods.China's role.#USD#US Dollar#$#BrettonWoods#IMF#WorldBank#Macroeconomics#Geopolitics Hosted on Acast. See acast.com/privacy for more information.

The World Bank and the International Monetary Fund (IMF), the two Bretton Woods institutions that have spent at least 20 years breathing down Nigeria's neck to let its currency, the Naira free, are today still in celebratory mood joined by domestic analysts and the markets who continue to express joy over the decision by the new government of President Bola Tinubu to reform the country's foreign exchange policies through the Central Bank of Nigeria. The head of the IMF Nigeria office, responding to the reforms, said: “The Fund greatly welcomes the authorities' decision to introduce a unified market-reflective exchange rate regime in line with our long-standing recommendations. We stand ready to support the new administration in implementing FX reforms.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4581134/advertisement

On this episode of Swan Signal, Sam sat down with Alex Gladstein and Jeff Booth for a wide-ranging discussion about the IMF/World Bank and their exploitation of the developing world, why Bitcoin represents a paradigm shift, and what tools Bitcoiners are building to help free these countries from a system that's been weaponized against them. Timestamps: 00:00:00 “Swan Signal” Intro 00:02:02 Introducing Jeff and Alex 00:02:28 “Hidden Repression: How the IMF and World Bank Sell Exploitation as Development” 00:09:11 Explaining The “Cantillionaire Effect” 00:12:54 The History of the IMF and World Bank 00:19:30 How the IMF and World Bank Weaponize Debt 00:27:35 Bitcoin Will Help Unwind Global Debt 00:33:17 Building An Alternative System With Bitcoin 00:37:10 Global Wage Deflation 00:41:05 Bitcoin On-Chain Transactions 00:44:40 Operating Outside the System with Bitcoin 00:48:07 BRC-20 Tokens, Block Space and the Bitcoin Lightning Network 00:57:50 Fedimint 01:06:57 How to Connect with Jeff and Alex 01:08:52 “Swan Signal” Outro Connect with Guests: Sam Callahan: https://twitter.com/samcallah Jeff Booth: https://twitter.com/JeffBooth Alex Gladstein: https://twitter.com/gladstein Connect with Swan on social media: Twitter: https://twitter.com/SwanBitcoin​​​ Instagram: https://instagram.com/SwanBitcoin Telegram: https://t.me/swansignal​​​ LinkedIn: https://www.linkedin.com/company/swanbitcoin Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Join us for Pacific Bitcoin Festival 2023! Purchase your tickets now before prices go up: https://www.pacificbitcoin.com/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description  Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin.Find out more at: https://www.swanbitcoin.com/private/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_post  Check out the best place for Bitcoin education, Swan Bitcoin's “Bitcoin Canon”. Compiling all of the greatest articles, news sources, videos and more from your favorite bitcoiners! https://swanbitcoin.com/cannon?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description Get paid to recruit new Bitcoiners: https://swanbitcoin.com/enlist?utm_medium=social&utm_source=twitter&utm_campaign=social_selling #Bitcoin #SwanBitcoin 

We take a trip around the globe and dive into macro and geopolitical developments across developed and emerging markets, including a macro outlook for the US, global trade relations with China, the ongoing impact of the Russia-Ukraine war across Europe, political shifts across Latin America and more. Featured is Chi Amaechi, Emerging Markets Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

In this latest episode of our All into Account podcast and video, Joyce Chang, Chair of Global Research, is joined by J.P. Morgan's Bruce Kasman, Chief Economist, Jan Loeys, Strategic Research, Jahangir Aziz, Head of Emerging Market Economics Research, Luis Oganes, Head of Global Macro Research, and Saad Siddiqui, Emerging Markets Fixed Income Strategy dive deeper into our top ten takeaways from the J.P. Morgan Investor Seminar hosted during the 2023 IMF/World Bank Spring Meetings. The mood was downbeat but not overly bearish in our view, and there were few signs of complacency with “fragmentation,” “setting up guard rails” and “re-globalization, not de-coupling” among the key buzzwords and catch phrases. Speakers Joyce Chang, Chair of Global Research Jan Loeys, Strategic Research Bruce Kasman, Chief Economist Luis Oganes, Head of Global Macro Research Jahangir Aziz, Head of Emerging Market Economics Research Saad Siddiqui, Emerging Markets Strategy Related Research: Top 10 Takeaways from J.P. Morgan's Investor Seminar during the 2023 IMF/World Bank Spring Meetings: Higher for longer despite rising financial stability risks (https://www.jpmm.com/research/content/GPS-4390217-0), Joyce Chang et al., 19 April 2023 Investor Survey Results from 2023 IMF/World Bank Spring Meetings: Recession fears still top of mind with downside seen to current valuations, particularly global equities (https://www.jpmm.com/research/content/GPS-4387732-0), Joyce Chang et al., 17 April 2023 Feeling edgy: Smaller countries make for big stories in DC: Takeaways from IMF/WB meetings (https://www.jpmm.com/research/content/GPS-4390074-0), Nicolaie Alexandru, Ben Ramsey, Katherine Marney, 20 April 2023 Emerging Market Takeaways from IMF/World Bank Spring Meeting (https://www.jpmm.com/research/content/GPS-4386452-0), Luis Oganes et al., 18 April 2023 This podcast was recorded on April 20, 2023. This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

*Podcast in Arabic + Arabic description below Tunisia was once distinguished as the "best-in-class", a "role model" and a "success story" by the World Bank and the IMF. The young nation borrowed carefully and wisely after achieving its independence in 1956, but it seems to struggle greatly today in its relationship with both institutions. In this episode we explore the four different periods. How did Tunisia's debt evolve? how wisely was it used to achieve economic progress and prosperity? what is going on today and what are the current prospects? نعتت تونس في السابق من قبل البنك الدولي وصندوق النقد الدولي بالتلميذ النجيب. اقترضت بعناية وحكمة بعد حصولها على الاستقلال عام 1956 ، ولكنها تشهد صعوبات اليوم في علاقتها مع كلتا المؤسستين. في هذه الحلقة نتناول الفترات الأربع المختلفة. كيف تطورت ديون تونس؟ ما مدى حكمة استخدامها لتحقيق التقدم الاقتصادي والازدهار؟ ما هو سبب الأزمة الحالية وما هي الآفاق المستقبلية؟

This week on the Macrocast, Ylan Mui, Brendan Walsh, and John Fagan dive into the latest from the Federal Reserve and this week's IMF-World Bank spring meetings, exploring whether the FOMC's predictions and current macroeconomic indicators point to signs of a recession. The group also discusses Speaker Kevin McCarthy's upcoming speech laying out the U.S.'s debt limit plan, as well as their thoughts on the global trend towards an economic downturn and the expanding debt issue in emerging markets.Read Penta's latest ESI report here.

The IMF spring outlook has scaled down India's economic growth estimation, if slightly. This is in line with the World Bank's forecast, but contrary to the RBI's. In Ep 1211 of Cut The Clutter, Editor-in-Chief Shekhar Gupta explains why IMF still identifies India as a ‘bright spot'. He also delves into the problems plaguing India, and why some of the biggest economies are struggling. 

Welcome to the Adams Archive, where the unspoken truths of society are uncovered and explored with passion and precision. Host Austin Adams dives deep into controversial topics that will make you question the very fabric of our world. In this groundbreaking episode, Austin investigates the American banking system and its unnerving implications for the future of the nation. Delve into the intricacies of fractional banking and discover how this seemingly innocuous concept has evolved into a far more sinister reality. Austin takes listeners on an intellectual journey that starts with the collapse of Silicon Valley Bank and leads to an examination of the Federal Reserve. With the aid of Edward Griffin's "The Creature from Jekyll Island," the podcast unravels the complex history and mechanisms behind modern banking practices that affect every aspect of our lives. As Austin navigates this labyrinth of information, he pursues an interview with Griffin himself to provide even greater insight into the hidden world of banking. If you're ready for a mind-blowing exploration of the financial system and its consequences, join Austin Adams in the Adams Archive for this eye-opening episode. Subscribe, leave a five-star review, and share your thoughts on this crucial issue. Find additional resources, articles, and videos at austinadams.subs.com, and prepare to have your perspective transformed. The Adams Archive is more than just a podcast; it's an invitation to challenge the status quo and uncover the astonishing truth about the world around us. Join the substack, follow our social media and more at https://linktr.ee/theaustinjadams   Full Transcription:  Hello, you bu to full people. My name is Austin Adams, and welcome to the Adams Archive. Today's episode is going to absolutely blow your mind. I have been diving deep into this topic over the past several, several days, and I can tell you I have never been more concerned for the future of America as I am now. Now, this is not about trafficking. This is not about politicians. This is not about, this is about the American banking system. Okay? Now, that may not sound very enticing to you, but once we get into this topic to the depths that we are going to today, You're gonna realize what I'm talking about. Okay. Now, what prompted this for me was looking into the Silicon Valley Bank collapsing. Okay? Now, that prompted me to figure out what the hell fractional banking is Figuring out fractional banking led me to realize that that is no longer the concept that we operate off of. No matter how scary fractional banking itself is, what we have today is even worse. Now. That drove me down a rabbit hole to figure out how we got to a point where fractional banking was even possible, which led me to learn all about the Federal Reserve, to learn about the Federal Reserve. There was a book that was written, and we will go over some of the highlights called The Creature from Jekyll Island. . Okay, now, that book beautifully written, um, there's some really good, uh, really, really good, uh, lectures online by, uh, Edward Griffin, and I'm gonna see if I can get him on the podcast. I messaged him today to see if, uh, maybe he can come on here and explain these things a little bit better than I can. But he's very, very brilliant. You should go listen to these lectures. They'll be included in the ck All right. If you're not in the CK already, go to austin adams.subs.com. You can sign up, you'll get all the articles, all the videos, all of the ish that we are talking about here today. All right. So without further a. Well maybe wanna do subscribe? , leave a five star review. All right. Tell me what you like about the podcast. Tell me what you learned about, uh, fractional banking, which again, doesn't sound very enticing, but promise you after you figure out everything that I figured out, your mind's gonna be blown. All right, so without further ado, let's jump into. The Adams Archive, the very first subject to today's podcast is going to be on the collapse of S V B. Okay, now, SVB is the Silicon Valley Bank. Silicon Valley Bank, obviously located in Silicon Valley, basically sent shockwaves through the entire tech industry. And that was right about a week ago, right? A few, not even a few days ago. All right. Through Wall Street, through Washington, everybody was shocked by what happens. Regulators have since shut down the bank to prevent a crisis in the broader banking system. Just days after another bank, signature bank was abruptly closed as well. Silicon Valley Bank, which provided banking services to nearly half of the country's venture capital backed technology and life science companies made this very the same mistake as many other banks. It invested most of its deposits in long-term debt like treasury bonds, promising steady, modest returns. However, the strategy proved shortsighted when the Federal Reserve looking to combat rapid inflation, started raising interest rates, making these once safe investments, far less attractive. All right. Silicon Valley Bank was also el uh, uniquely vulnerable due to its business being concentrated in the tech industry, which was experiencing a rapid decline in startup funding. As a result, its clients started to withdraw their money, and once some people started drawing their money, other people started withdrawing their money causing what they call a bank run. All right, now a bank run, so you have some terminology behind this. A bank run is basically when everybody starts to go line up outside of the banks, asking banks to give them the very money that they worked so hard for, the very money that they sweat bled, worked their asses off weekends over time to feed their children. Okay? And we'll learn about that fractional banking, which some of this has already alluded to already, which is terrifying, like I said. Okay, so now the collapse of Silicon Bank is the largest, since the 2008 financial crisis, the very largest bank to do so since. , which again, is only gonna get worse as people realize that our banking system is built on a house of cards. Just a little whistle in the wind will cause our entire financial system to collapse. All right, we're gonna talk about today some things like what is money, right? Why is it even hold value? Which is probably the most fundamental question that has one of the most concerning answers. Um, as you've noticed recently, I've been using the AI chatbot chat. G p T pretty consistently came out with their fourth generation of it today. Um, it's pretty incredible technology, but it helped me along the way doing some of these calculations to actually figure out what it would cause for the American financial system to collapse. And that's some of the things that we're gonna discuss here today. I'll go through those calculations with you. All right. It highlights the dangers of fractional reserve banking. When banks invest most of their deposits, they create more money than they hold in reserves, leading to a precarious situation where a loss of faith in the bank can trigger a run on deposits. In such cases, the bank makes gains privately, but losses are socially distributed. That's what you have to realize about this. When a bank is doing well, they profit ungodly amounts of money. When things aren't going well for a bank, you know who foots the bill? You and me, the American public foots the bill when they get bailed out by our government. So things are going great. They profit, you'll make a dollar. Well, maybe you make, you know, 2 cents off of every a hundred dollars that you have in your bank account based on interest. But when things are going great for the banks, they're not coming to you to pay you out dividends, right? But when things are going horribly bad,  and the government decides to bail them out. You know who pays that bill? And we don't even really pay it. And that's what I've realized from learning all of this. We don't even really pay it. We pay it through inflation. We pay it through the fictitious magical creation of money, which has no value unless we decide that it does again, which we'll talk about in a minute. So fractional Reserve banking to me is theft. It is a entity taking your money and putting it in as many places as possible so that they can continue to make money. They can give out loans with it. They can do all of these things, but the second you come ask for your money, while you and maybe your neighbor and a few other people at the same time, they don't have it. Cuz it's often these fictitious little places that they're hoping to make interest based on the fact that you're never gonna come ask them for it. At the same time. Right before the Great Depression, the US dollar was backed by gold. That ensured that the money in the economy was backed by something physical, something tangible, right? When something is backed by something, a commodity like gold or silver, right? Or even Bitcoin, right? If you understand how this works, right, the, the way that gold is created, gold is a, gold is a specific element that is created. And forgive me, I'm not a damn science teacher over here. Got a beer in my Yeti. So the way that gold is created is the earth puts together certain amounts of carbon. And when you get the perfect alignment of these, these elements, right? It creates what we know today is gold, right? Not fool's gold. Not all these other renditions of this potential possibility, but actual physical gold as we know it today, is a specific type of gold. Okay. Now that gold is minted, right? The, the earth had to have all of these situations happen simultaneously and in the proper way perfectly to cause gold to be created and to be in your hand the way that it can be today. Okay? That's what happens, right? The, the, the earth has a mathematical equation of circumstances and pressure and whatever the hell else it is, and then gold is physically created and minted by the earth. Okay? Something like, think of it, if you know anything about cryptocurrency, think of it like Bitcoin, right? Bitcoin ha has a computer that is working nonstop to create a bunch of algorithms and calculations to try to decrypt a or or mine a Bitcoin, the same way you mine gold. And eventually, after so many algorithms, so many computers are working to do this, one unlocks a Bitcoin and that creates scarcity. There's only a certain amount of bitcoins that are being created on a general basis. There's only a certain amount of gold that is being. By the earth at any given time, that scarcity gives it value, right? So during the Great Depression, our money was backed by gold. After the depression, the US abandoned the gold standard and became a fiat system. Okay? Fiat currency is not backed by anything at all. No assets, no commodities, right? And the fact that Silicon Valley Bank had basically uninsured depositors highlights the need for money to be backed by something physical like gold. And that ensures that depositors money is protected. It is being held physically somewhere to show that that piece of paper that you have is attached to a certain amount of, of physical minted developed by the earth gold or even Bitcoin, right? It has some sort of, of, of, uh, built-in scarcity.  that drives value, right? There's not, there's not an unlimited amount that can be created at the whim of any American who wants to profit based off the central banking system, which again, we'll learn more about in a minute. We're gonna learn a lot today. Um, the collapse of Silicon Valley Bank and Signature Bank underscores the need for tighter banking regulations, right? We've seen several, several things that have happened, right? Like, um, some regulations that were rolled back in 2018 under Donald Trump, right? Some banking experts believed that Dodd-Frank Financial regulatory package intended to prevent such collapses and could have stopped this bank from handling its interest rate risks, um, had it not been rolled back, which is some opinions, but the bigger problem, the biggest issue. When we talk about fractional banking, which again, I'll pull up here. Let, I'll, I'll talk you through it. Lemme just go through this article with you. The collapse of these banks that says has prompted a swift reevaluation of the Fed's interest rate increases. On Monday. Smaller banks rushed to en reassure customers that they were on firmer financial footing, but shares of US regional banks plummeted. The b W Bank Index, which tracks the performance of 24 major banks, fell 10%, erasing nearly 200 billion of value of the banks. In the index, it says, the collapse of Silicon Valley Bank in Signature Bank highlights the dangers of fractional reserve banking and the need for money to be backed by something physical. The follow of these collapses underscores the need for tighter banking regulations to prevent such collapses and ensure the stability of the financial system. Okay, let's talk about it. What is fractional banking? Okay. Fractional banking was the cause of what happened with svb. Right. What is fractional banking? Fractional banking is the idea that if you deposit a hundred dollars into a bank, the bank can take $90 of that 100. Hold onto the remaining 10, which was the standard prior to 2020. The standard prior to 2020 was that the banking system had to hold 10% of the overall val value in reserves. Now, that changed, but even with 10%, think of it this way, if you handed the, gave the bank 10 a hundred dollars, right? Let's say 10 people gave the bank a hundred dollars, right? They gave out 900 of that thousand dollars. Of the 10 people's a hundred dollars, which leaves them with one $100 bill. The other 900 they gave away to other people in the hopes of making interest in the future. So when two people, just two people go to the bank at the same time and say, I want my a hundred dollars. give me all of my $100 that I gave you. That is $200 that they're asking for. One of those people is not getting any of their money, or at least both of them are getting half of it. They don't have it. They don't even have it for two people, let alone the full 10 people that gave 'em a hundred dollars. Right? If just two people went and asked the bank for this money back, they would not be able to do it, right? 20% in this case. Now what we realize, it is far, far worse than that. In the real world scenario. What we realize, excuse me. What we realized is that in 2020 it was changed from 10%. Just 10% of the money in your banks had to be held onto by the, by the reserves, by the bank, just 10%. In 2020. During Covid, they changed that percentage. To 0%. None of it did they have to hold onto none of it in reserves. 0%. Not 1%, not 2%. 0% of your money has to be held by the bank in reserves. 0%. That is astonishing. There is no federal regulations at all now that say that the bank has to hold any of your money for withdraws. Right. What they are dependent on is if everything collapses, then the F D I C, the Federal Something Insurance Commission, will basically has insured each each value of each customer up to $250,000, which again, we'll find out, is a complete farce. What a terrible word. Farce is a terrible word. It's like, I don't even like to say it. It's like saying fart farce. I don't know. Anyways, FARs is a complete, FARs is bullshit. There's nothing there for you to take in. So, so when two of those people in that scenario that I gave you, go to the bank and ask for their money back, and somebody's going to walk away with no money, so, so one person gets their a hundred dollars out, the second person goes and asks for 10 of it, just 10 of it. Now that person realizes that the bank does not have their money. They start talking to their friends, you know who their friends are. The other eight people in this scenario who gave the bank a hundred dollars. Now you have all other eight people, nine people in total going to the bank saying, I want my money back. But the bank has none of it. They don't have to hold onto any of it. And the scenario is actually far worse than that in today's world. After 2020 and that legislation changed. The scenario is now anybody goes to the bank and starts to ask them for that money back. They don't have to hold onto any of it. That my friends is fractional banking. And it scares the shit outta me, and it's not even fractional anymore. There's no fraction. The fraction's gone. It's fictitious banking. That's what it is. It's no longer even fractional, which was horrible. It's far, far worse. Okay. Do you wanna know how fragile our entire banking system is here in the United States? Here is the most terrifying thing that you will hear today. Okay. Chat, G P t concluded that if 2% of Americans, 2% of Americans decided to withdraw their money from the bank, at the same time, it could have a high potential of causing a collapse of the entire banking system that as we know it today, the entire banking system as we know it today, just 2%, two out of a hundred people, two out of a hundred people went to their bank right now. This concluded and calculated. The entire banking system could collapse. So again, it's far worse than that scenario that I gave you and let me walk you through how it got to that. Okay. Chat. G p T said we can try to make a rough estimation based on some data points. Okay. Now I had to do some finagling to give, actually give me this cuz I didn't wanna gimme this answer. It says, first it's essential to understand that the reserve requirement being 0% means that banks are not required to hold a specific percentage of their deposits as reserved. However, it doesn't mean the banks hold no reserves at all, right? They still maintain some reserves. Doesn't give you an amount cause it can't, to manage day-to-day transactions and withdrawals day to day, not week to week, not month to month, day-to-day. The amount of their reserves varies by bank. It depends on the bank size, number of clients, and other factors. To estimate the percentage of people required to cause a nationwide banking collapse, we need to consider the amount of money held in deposits and the amount of reserves held by banks. According to the Federal Reserve, as of September, 2021, the total amount of money in the deposits in the US banks was around 17 trillion. Okay. Assuming that these banks still maintain some reserves, assuming that they maintain some reserves, it says, let's calculate, based on 2% of their deposits are held as reserves. This would amount to approximately 342 billion in reserves. If depositors were to withdraw their money in such a way that bank reserves were insufficient to cover the withdrawals, it could potentially trigger a banking collapse, right? That's the other eight people, nine people going to the bank and saying, I want my money, because the other, the second person went there to ask for it, and it wasn't there to find the percentage of people who would neither withdraw their funds to cause a banking collapse. We can use the following formula. Reserves divided by deposits times 100 equals the percentage of people. Okay, so we take that 342 billion, right of the 2% seven. Divide that by the 17.1 trillion. Multiply that by 100, it gives you 2%. It says, based on this rough estimation, if around 2% of people in the United States simultaneously withdrew their their money from the banks, it could potentially cause a nationwide banking collapse. Says, however, this is a highly simplified calculation. Does not take into account many factors such as the variation in reserve levels among the banks, the distribution of deposits, and the possibility of banks borrowing money from other sources to cover withdrawals. Additionally, the Federal Reserve Act as a lender of last resort and can provide emergency funds to banks facing a liquidity prices which could prevent a collapse. Okay? Now what it goes on to say is that in summary, it's difficult to provide a precise percentage of people required to cause a nationwide banking collapse due to 0% fractional reserve requirements. However, based on this rough estimation of 2% of people with through their funds, it could cause a banking crisis. Um, it says that reme to remember that the Federal Reserve could intervene to prevent a collapse. Oh, don't, don't worry about anything. The Federal Reserve is here to save you. It's not gonna collapse when the Federal Reserve is here. What is the government's got our back. Hmm. Is the Federal Reserve a part of the government? No, it is not. It's a mixture being overseen in some way, shape, or form by Congress. But we even find out that that's not true. But it was, and you can read all about this in the Creature from JE Island, but we're gonna get into it now. Okay. The Federal Reserve has absolutely nothing, was not founded by the government. You want to know who the, the Federal Reserve was founded by? The Federal Reserve was founded by bankers, the very bankers that you know the name of, and you can probably take a guess as to who people from the Rockefeller family. Aldrich family, JP Morgan Chase. Seven men secretly met on an island in Georgia, concealing their identities, changing their names. They met on a private train cart to discuss how they were going to essentially take over the world's banking systems, starting with the United States. These seven men's wealth, seven men's wealth equated to one fourth of the Total World's wealth at the time, and all they wanted to do was figure out how they could take over the other three fourths. It's pretty simple. When you get seven guys in the room, why wouldn't you do that? Right? So let's unmask the architects of the Federal Reserve. And talk about why every single American should be outraged at this historical account. And here it is. As you go about your daily life, there's a creature lurking behind the scenes polling the strings of our economy. This seemingly innocuous entity is none other than the Federal Reserve and its origin story is as chilling as any horror tale when you realize the truth In the eye-opening book, the Creature from Jekyll Island by Edward Griffin, it unveils the clandestine beginnings of the Fed in the dangers it poses to our society. The secret birth of the Federal Reserve in 1910, a group of influential bankers in 1910 and politicians gathered in secrecy on JE Island in Georgia to hatch a plan that would forever change the course of American history. Their mission. To create a centralized banking system that would benefit their own, their own interests, while consolidating power and control over the nation's finances. This figurative meeting laid the groundwork for the creation of the Federal Reserve. In 1913, our entire structural financial system was built less than 111 years ago. An institution that now, now holds immense power and sway over our economy basically dictates all of it. The key architects or the Federal Reserve were no ordinary individuals. They were powerful cabal of bankers and politicians, including Paul Warberg, Nelson Aldrich, JP Morgan, among others. Their goal was to establish a banking cartel that would protect their interests while simultaneously controlling the country's monetary policy. By doing so, they could manipulate the economy to their advantage. Profiting from booms and bus while leaving ordinary Americans to bear the consequences. The Federal Reserve's very existence poses a threat to our society. Its power to  create money out of thin air and manipulate interest rates, allows it to control the value of our currency, often leading to inflation and devaluation. Moreover, the Fed's unelected the Fed's unelected officials operate with minimal transparency, making decisions that affect millions and millions of people without any public oversight whatsoever. Furthermore, the Federal Reserve's ability to bail out large financial institutions in times of crisis promotes moral hazard. Big banks take on excessive risks knowing that the Federal Reserve will rescue them if things go south, which is exactly what we saw happened with S V B. This reckless. This reckless behavior can lead to financial crisises with ordinary citizens left to foot the bill, which is exactly what I talked about earlier, right? When they can create money out of thin air, it's not out of thin air, it's out of future comfortability for the American people. It causes inflation, and that's where we're gonna see the result when they created trillions of dollars during covid so that they could pay people not to work, so they could shut down the economy for their own agenda to cause you to get vaccinated so Pfizer could profit off of it. Now, the Federal Reserve born from a secretive gathering of powerful elites wields enormous power over our economy. Its actions can lead to inflation, devaluation, financial crisises, all while operating with minimal transparency. It says, as Americans, we must be aware of the Fed's origins and inherent risk opposes to our society. We should demand greater transparency, oversight, de, and democratic control over this powerful institution. It's time for us to stand up and fight against the creature that has taken a hold of our economy before it's too late. And I personally believe that it might already be too late. Okay. It is so crazy to see how this came together and what, what this entire financial system is built on. Like I said, it's a house of cards. Okay. Let's go ahead and let's watch a little bit of this clip. And this is by the author  

The G20 finance ministers meeting in India came and went without any progress on the debt standoff between China and the IMF/World Bank over who should take losses on loans to the world's poorest countries. Meantime, France announced another "new" strategy to revive its Africa strategy, partially in response to China's growing influence on the continent.CGSP Francophone Editor Geraud Neema joins Eric & Cobus to share his perspective on those stories plus an update on the controversial joint naval exercises that South Africa hosted with China and Russia.JOIN THE DISCUSSION:Twitter: @ChinaGSProject| @stadenesque | @eric_olander | @christiangeraudFacebook: www.facebook.com/ChinaAfricaProjectFOLLOW CAP IN FRENCH AND ARABIC:Français: www.projetafriquechine.com | @AfrikChineعربي: www.akhbaralsin-africia.com | @AkhbarAlSinAfrJOIN US ON PATREON!Become a CAP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug!www.patreon.com/chinaafricaprojectSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alex Gladstein joins Sam Callahan for this special recording on Swan Bitcoin Spaces. They discuss Alex's experience at "The African Bitcoin Conference", his recent piece around the IMF and World Bank and how Bitcoin continues to be used as a tool for freedom around the world. Guest Info: Sam's Twitter: https://twitter.com/gladstein Alex's Twitter: https://twitter.com/alexstanczyk "Check Your Financial Privilege": https://www.amazon.com/Check-Your-Financial-Privilege-Gladstein/dp/B09V2NM9VJ Swan Private Team Members: Alex Stanczyk Twitter: https://twitter.com/alexstanczyk Sign up for Swan Private today: https://www.swanbitcoin.com/private/ "Buy, Learn and Earn" with the Swan Bitcoin Mobile App: https://www.swanbitcoin.com/app/ Hello and welcome to The Café Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. We're excited to announce we are bringing the The Café Bitcoin conversation from Twitter Spaces to you on this show, The Café Bitcoin Podcast, Monday - Friday every week. Join us as we speak to guest like Max Keiser, Lyn Alden, Tomer Strolight, Cory Klippsten and many others from the bitcoin space. Also, be sure to hit that subscribe button to make sure you get the notifications when we launch an episode. Join us Monday - Friday 7pst/10est every Morning and become apart of the conversation! Thank you again and we look forward to giving you the best bitcoin content daily here on The Café Bitcoin Podcast. Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Connect with Swan on social media: Twitter: https://twitter.com/SwanBitcoin

Best be a go-getter who doesn't whine otherwise you might not notice Juan around as much!In Episode #353 of 'Meanderings' Juan and I discuss: the irony of Juan complaining about complainers, the forgotten intricacies of duelling in the 1800's, public knowledge that gets lost over time, why I like to go to Bitcoin meetups and Juan is moving away from networking, the strange people I first met in Chile and why I personally push back against consumerism and growth for growth's sake.As always, we hope you enjoy. Mere Mortals out!Timeline:(0:00) - Ho ho ho(0:22) - Juan's going in dry(4:33) - Complainers vs non-gogetters(7:57) - Kanye West & Alex Jones(9:16) - Eugene Onegin comment(12:47) - Brendan's park archery(13:54) - Looking back upon unwritten rules(15:53) - Roosh V Forum(19:15) - Alex Gladstein on the IMF & World Bank(22:37) - Bitcoin Brisbane meetup, networking & shared values(33:26) - Anti-growth mindset(43:30) - Hateful Greenpeace girl(47:37) - We dislike consumerism (especially me)(50:39) - V4V or Juan will cut you from his lifeConnect with Mere Mortals:Website: https://www.meremortalspodcast.com/Discord: https://discord.gg/jjfq9eGReUInstagram: https://www.instagram.com/meremortalspodcast/

In this episode of All into Account, we discuss the key takeaways from the investor seminar that we hosted at the fall IMF/World Bank meetings, an investor seminar that we have been running for more than three decades. Policymakers sent a clear message that they see further pain still to come as central banks prioritize price stability over other objectives. The conference was also noteworthy for the discussion of the risks posed by financial tightening, which are in many ways trumping economic fundamentals. EM debt restructuring was discussed as a global concern but not a systemic one.  Please tune in to hear our other key takeaways.   Speakers Joyce Chang, Chair of Global Research Jahangir Aziz, Head of EM Economics Research Jonny Goulden, Head of EM Local Markets and Sovereign Debt Strategy Luis Oganes, Head of Global Macro Research Jan Loeys, Head of Long-term Strategy   This podcast was recorded on November 2, 2022. This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2022 JPMorgan Chase & Co. All rights reserved.  

Former RBI governor Raghuram Rajan's latest statement that ‘the world cannot afford India to follow China's path of export-led growth in manufacturing' — at the IMF-World Bank annual meet has drawn sharp reactions. In episode 1,098 of 'Cut the Clutter', ThePrint Editor-in-Chief Shekhar Gupta decodes Rajan's full speech, the crucial points former RBI governor makes on the the link between climate change and globalisation, and the need to liberalize services.   Brought to you by @KiaIndia 

Treasury Secretary Janet Yellen at IMF/World Bank meeting on economy, inflation and possible Russian oil price cap, interview with Atlanta Journal Constitution's Greg Bluestein on Georgia Senate debate (15), British PM Liz Truss fires finance minister. Learn more about your ad choices. Visit megaphone.fm/adchoices

We speak to the CEO who is bringing one in the UAE, Marwan Chaar of KAVAK. Plus, we get the inside story from Washington D.C, on the final day of the IMF/World Bank meetings with Professor Afshin Molavi from Johns Hopkins University. And we speak to the chief technology officer of Siemens Middle East about the new innovation centre it's building with the Abu Dhabi Investment Office. See omnystudio.com/listener for privacy information.

Barry Eichengreen, professor at University of California at Berkeley, a foremost expert on economics and international finance, joins Kopi Time. We begin with the war in Ukraine, where he is calling for rebuilding to begin even before the conflict is over, led by a consortium that supersedes multilateral institutions like the IMF/World Bank. We also delve into the demonstration effect of the sanctions imposed on Russia on other potential antagonists. In relation to that, the reach and scope of the weaponisation of the USD is discussed. We then move on to the issues of the moment, global inflation spike direction of Fed policy, recession risks, and debt overhang, with an interlude on digital currencies. A tour de force. See omnystudio.com/listener for privacy information.

Whether its Bitcoin, Apple, or real estate, macro conditions must be factored in when discussing asset prices or general sentiment. As the UK reports record inflation levels, Target cites inventory woes & lackluster earnings, El Salvador's President Bukele host a en economic conference speaking to the benefits of Bitcoin for emerging economies. Is there any hope for BTC or any other markets to bounce into a relief rally? Find out today in the latest Market Analysis from Native Assets. 0:00 Intro 0:57 General Market Outlook 1:21 Latest Financial Headlines 2:22 Why You Should Think Deeper About Sentiment 4:04 Jerome Powell Back Hawkish 8:39 A Look At the DXY 11:48 A Look At BTC 19:18 Bukele Promotes BTC At Global Economic Summit 20:18 IMF & World Bank To Blame For The Dump? ---------- Native Assets is a blockchain firm specializing in educational seminars, detailed research, industry analysis + corporate advising. Our mission? To empower you with knowledge + insights to prosper in the new digital asset era - the blockchain era. --- Grab your copy of "The Blockchain Blueprint"

CNN has pulled the plug on its flagship online streaming service CNN+, less than a month after it was launched to much fanfare. CNBC media & technology reporter Alex Sherman has been covering the story and tells us why the fledgling platform failed. Like many economies which reap huge benefits from tourism, Thailand has struggled with a sharp drop in visitor numbers during the Covid-19 pandemic. The government is now trying to woo some of those potential visitors again, but rising coronavirus cases are complicating the issue. Ahead of pivotal midterm elections in November, we survey the political landscape in the United States, as President Biden announces a new package of $800 million in military aid for Ukraine. The Managing Director of the International Monetary Fund, Kristalina Georgieva, says Ukraine needs up to $7 billion per month in the near future, in the wake of Russia's invasion. The BBC's Economics Editor Faisal Islam has been speaking to her, and joins us from Washington DC to talk through the big news lines emanating from the IMF/World Bank 2022 Spring Meetings. Plus, the BBC's Victoria Craig has been catching up with some of British food sector businesses to see how they're coping with the current stage of the pandemic. Throughout the programme we're joined live by political reporter Erin Delmore in New York, and Patrick Barta of the Wall Street Journal in Bangkok. (Photo: A billboard advertising CNN+ in Manhattan; Credit: Getty Images)

The Managing Director of the International Monetary Fund Kristalina Georgieva says Ukraine needs up to $7 billion per month in the near future, in the wake of Russia's invasion. The BBC's Economics Editor Faisal Islam has been speaking to her, and joins us on the line from Washington DC to talk through the big news lines emanating from the IMF/World Bank 2022 Spring Meetings. Plus, a harrowing day for American news giant CNN, which has axed its recently-launched online streaming service CNN+, less than a month after its launch. CNBC media & technology reporter Alex Sherman has been covering the story and tells us why the fledgling platform failed. Also in the programme, we explore the impact on renewable energy investment of the rising price of fossil fuels, with the environmentalist George Monbiot. The World Bank has warned of a potential global food crisis, as a result of Russia's invasion of Ukraine. We have a report from the BBC's Rahul Tandon about the private businesses that have stepped in to evacuate their own staff and others away from danger in Ukraine.

In this episode, we discuss the latest developments in the yen and euro and offer a bit of loose speculation ahead of this week's G7 and G20 meetings along the sidelines of the IMF/World Bank meetings.

The International Monetary Fund (IMF) and World Bank convene for their annual Spring Meetings, rumors fly of a North Korean nuclear test on the one-hundred-and-tenth anniversary of Kim Il Sung's birth, and COVID-19 cases surge across China.    Articles and Reports Mentioned on the Podcast   Europe and Central Asia Economic Update: War in the Region, The World Bank, April 10, 2022   Michelle Nichols, "U.S. pushes U.N. to cut N.Korea oil imports, ban tobacco, blacklist Lazarus hackers,” Reuters, April 13, 2022

The leaders of the World Bank and IMF say they were ready to help Ukraine while warning that Russia's invasion will have repercussions for the global economic recovery. IMF Managing Director Kristalina Georgieva says that the conflict adds significant economic risk for the region & the world. The Washington-based crisis lender is in the process of deploying $2.2 billion in assistance to Ukraine under a loan program set to end in June. Georgieva has said the fund could provide aid to other countries impacted by any spillover effects of the conflict if needed.

Is China a rising financial superpower with a currency, the yuan, on course to become a dominant world reserve currency at the expense of the US dollar? This episode will examine the evidence on many sides, looking at the latest research by DICK BOVE of Odeon Capital Group, and at a mountain of other evidence and statistics. MAT VAN ALSTYNE, Odeon co-founder, will offer a fresh perspective on how this complex geo-political and economic game could change the course of history. Your host is journalist, JOHN AIDAN BYRNE "There is no question as to what the Chinese want to accomplish," writes BOVE. "It has publicly stated its intentions and it has been supported in its efforts by the Russians and other countries in its political orbit. This raises the question as to what American financial companies can do for China." China is seen as the most influential economic power in Southeast Asia, according to a new poll, although there's caution over Beijing's territorial positions over the South China Sea. A survey of 1,677 Southeast Asians by the ISEAS-Yusof Ishak Institute showed 76.7% regard China as the most influential economic power in the region, followed by the U.S. at a distant 9.8%. Washington trailing in second place comes after the Biden administration finally unveiled its strategy to engage with Asia last week. Half of those with a positive view of China however say that perception could be negatively impacted if Beijing continues to expand its influence in their country. Source: Bloomberg Catalogue of modern developments in China's economic evolution & development, compiled by DICK BOVE: · The country joined the World Trade Organization · It obtained the IMF approval for the yuan to be considered a global reserve currency. · It established the Asian Infrastructure Investment Bank as an IMF/World Bank alternative. · China has developed its own cryptocurrency and forced other similar currencies out of the country. · It has loaned an estimated $5.6 trillion to 165 countries o An estimated 42 of these countries owe more than 10% of their GDP to China o The total amount owed relative to global output is not known but has been guesstimated to be 6% of total world output. o The United States owes China over $1.1 trillion. · China has structured trade deals with multiple countries where the only currency used is the yuan o Russia o Iran o North Korea · The country's banks are the largest in the world. o They are funded with yuan o They have developed investment banking skills learned from the Americans. China has exerted increased political control over companies that are supposedly owned by public investors.

We're back for a short but (mostly) sweet episode starting off with a hearty congrats to Honduras for bucking US imperialism! Next up, we take a look at vaccine apartheid and how it's pushing even the likes of the IMF & World Bank into suggesting that poor people are people too. PLUS an awards ceremony for the frontlines, and how to side step the police state without waiting for defunding or abolition. *Note: we're taking a break from the show for a bit but we'll be back soon! In the meantime, please check out radindiemedia.com for radical, independent news!

To change the world first requires us to understand the nature of society, to look seriously at the way that it is structured. Racism, white supremacy, is the most important feature of this global system and Black and Brown people suffer the most worldwide. The reality of it all is that capitalism continues its ruthless quest to dominate, accumulate, spread across the world and strip resources. This is also the source of today's environmental crisis. If the West keeps carrying on in this way, this would literally mean the end of the entire world. This is the most urgent issue for all of us. Something drastically needs to change. Can we get the buy-in necessary for everybody to make real change? Listen to Dr. Kehinde Andrews as he spells out how racism and colonialism are still ruling the world in Empire 2.0, from his latest book, The New Age of Empire: How Racism and Colonialism Still Rule the World! (Adapted from "Did Colonialism Ever End? | Footnotes with Kehinde Andrews," https://youtu.be/nqcO3X2y5YY). Direct download: https://traffic.libsyn.com/secure/multi-hazards/Empire_2.0_-_How_Racism__Colonialism_Still_Rule_the_World_with_Dr._Kehinde_Andrews.mp3 Best-looking link: https://directory.libsyn.com/episode/index/id/20370041 Study Guide here, click where it says "PDF" on the middle left: https://multi-hazards.libsyn.com/empire-20-how-racism-colonialism-still-rule-the-world-with-dr-kehinde-andrews Topics included: * What is the true definition of racism? * What is white supremacy? * Why are goods so cheap in the West?   * What's the real reason African countries are poor? * How are African countries the lowest on many charts of life quality and longevity? * Why should the draining of African resources be discussed in racial terms? * Why did Trump get it wrong about manufacturing jobs? * How did the West use genocide, slavery & colonialism to become #1? * Why are human rights just talk without economic inequality?  * How do the UN, IMF & World Bank maintain the global system of white supremacy? * How has the USA become the centre of this post-WWII global empire? * How is what we call "globalisation" really just "empire"? * What can the African Diaspora and the rest of us do? * Capitalism is going to destroy the world.  What can we do? Dr. Kehinde Andrews' Bio: Kehinde Andrews is Professor of Black Studies at Birmingham City University, where he founded, and is currently director of, the Centre for Critical Social Research. At BCU he was also one of the team who founded the first undergraduate degree in Black Studies. Andrews regularly writes for the Guardian, the Independent, Ebony Magazine, and CNN. He has been featured on Good Morning Britain, Newsnight, Channel 4 News, BBC News Channel, and Under the Skin with Russell Brand. Andrews's first book, Resisting Racism: Race, Inequality and the Black Supplementary School Movement, was published in 2013 and he co-edited the first collection of British Black Studies, Blackness in Britain, in 2016. He wrote Back to Black: Retelling Black Radicalism for the 21st Century published by Zed books in 2018. And in this podcast episode we discuss his latest book, The New Age of Empire: How Racism and Colonialism Still Rule the World, published in 2021 by Bold Type Books. He lives in Birmingham, United Kingdom. Source: https://www.boldtypebooks.com/contributor/kehinde-andrews/ Intro: "Ten Inch Spikes" by Jeremy Korpas on Youtube Audio Library Outro: "Circle Dance" by Sefchol on Youtube Audio Library Main Episode Photo by Cameron Venti on Unsplash

https://astralcodexten.substack.com/p/book-review-how-asia-works   What was the best thing that ever happened? From a very zoomed-out, by-the-numbers perspective, it has to be China's sudden lurch from Third World basketcase to dynamic modern economy. A billion people went from starving peasants to the middle class. In the 1960s, sixty million people died of famine in the Chinese countryside; by the 2010s, that same countryside was criss-crossed with the world's most advanced high-speed rail network, and dotted with high-tech factories. And the best thing that ever happened kept happening, again and again. First it was Japan during the Meiji Restoration. Then it was Korea and Taiwan in the 1960s. Then China in the 90s. Now Vietnam and others seem poised to follow. (fun trivia question: ignoring sudden oil windfalls, what country has had the highest percent GDP growth over the past 30 years? Answer, as far as I can tell: the People's Democratic Republic of Laos.) There was nothing predetermined about this. These countries started with nothing. In 1950, South Korea and Taiwan were poorer than Honduras or the Congo. But they managed to break into the ranks of the First World even while dozens of similar countries stayed poor. Why? Joe Studwell claims this isn't mysterious at all. You don't have to bring in culture, genetics, or anything complicated like that. Japan, South Korea, Taiwan, etc, just practiced good economic policy. Any country that tries the same economic policy will get equally rich, as China and Vietnam are discovering. Unfortunately, most countries practice bad economic policy, partly because the IMF / World Bank / rich country economic advisors got things really wrong. They recommended free markets and open borders, which are good for rich countries, but bad for developing ones. Developing countries need to start with planned economies, then phase in free market policies gradually and in the right order. Since rich country economists kept leading everyone astray, the only countries that developed properly were weird nationalist dictatorships and communist states that ignored the Western establishment out of spite. But now the economic establishment is starting to admit its mistakes, giving other countries a chance to catch up. How Asia Works is Studwell's guide to good economic policy. He gives a three-part plan for national development. First, land reform. Second, industrial subsidies plus export discipline. Third, financial policy in service of the first two goals. 1. Land Reform Land reform means taking farmland away from landlords and giving it to peasant farmers. Undeveloped countries are mostly rural (for example, Korea was about 80% rural in 1950). Most people are farmers. Usually these countries are coming out of feudalism or colonialism or something and dominated by a few big landowners. In one region of the Philippines (Studwell's poster child for doing everything wrong) 17 families control 78% of farmland. Landowners hire peasants to work the land, then take most of the profit.

The Moroccan government, the World Bank and the International Monetary Fund on Thursday said they will postpone plans to hold the World Bank Group-IMF Annual Meetings in Marrakesh in October 2021 until 2022 due to the COVID-19 pandemic.The annual meetings are usually held for two consecutive years at the World Bank and IMF headquarters in Washington, and then in a member country every third year.The World Bank and IMF held virtual meetings in April and October this year due to the pandemic. No decision has been made yet on whether the spring 2021 meetings will take place in person or online.--- Support this podcast: https://anchor.fm/newscast-africa/support

Organizations warn of dire consequences of SA taking IMF/World Bank loans - Dick Forslund by Radio Islam

Today we turn our focus back to the emerging markets and examine some recent developments within and performance drivers of the asset class; plus, some takeaways from the recent IMF Fall Meetings in Washington DC. Featured is Emerging Markets Strategist Americas from the UBS Chief Investment Office, Alejo Czerwonko. Host: Daniel Cassidy

Simon's report on this week's IMF/World Bank meetings in Washington and the alarm bells run over the state of the global economy.  This aired on CGTN, China's Global Television Network with CGTN Global Business Anchor Ramah Nyang.

On this episode of the Epoch Podcast we discuss the hidden secrets of money. These are things the majority of people don't know, but should definitely understand about something that is so integral to our daily life! https://youtu.be/oAJU0QLBXng https://www.youtube.com/watch?v=42wAORmzC6Q&feature=youtu.be Access Extras Outtakes, personal stories, discounts, giveaways, and more! Topics we get into: * Mike Maloney's hidden secrets of money series* the group of people who decides money policy and why we don't have a real free market or capitalism* parallels between Gladiator/Rome and our real life* the grim lie of the dollar* what Nixon started* BRICS and IMF World Bank - who won't deal with Europe or the US anymore* the possibility of a currency reset and how that would work* the reality of faith needed for currency* secret audits to prepare for a reset?* possibilities with blockchain and cryptocurrency* quantitative easing* the way the US is distracted by entertainment so as not to know the truth about what's going on behind the scenes* Universal Basic Income* exponential growth* preparedness Our Posts for This Episode Austin & Joanie | The Truth about Money and Why We Need a Global Currency ResetMatt & Jen |Tico & Tina | Capitalism is a Lie, and 3 Other Things You Need to Know About Our Economy Resource/s Mentioned https://theepoch.org/hidden-secrets-of-money-9-mike-maloney/ https://theepoch.org/hidden-secrets-of-money-10-mike-maloney/ https://theepoch.org/the-hidden-secrets-of-money-4-mike-maloney/ https://theepoch.org/why-you-should-want-robots-to-steal-your-job/ Gladiator Find us here, too: Transcript (introductions) Matt 1:01 And this week, we are talking about a couple of videos that we all watched. Just recently, Mike Maloney's series, the hidden secrets of money, episodes nine and 10. I'm a big fan of Mike Maloney, personally, you know, there's, he's in the gold business, but he's not like exclusively all about gold, and everything else sucks. You know, there's, there's people in the industry that are like that, I think, you know, for me, I can no longer take Peter Schiff very seriously. Whereas, Mike, he's, he's open to everything, and I love it. What do you guys think about Mike? Austin 1:44 For me, Mike is like i for i have a degree in finance. And, you know, there's so much that people don't understand about money, and the economics and the economy and how it all works. And I've multiple times throughout the years, have shown people episode number four of the hidden secrets of money that basically talks about how our current system works and how it's a giant scam. --- Send in a voice message: https://anchor.fm/the-epoch-podcast/message

Rundown In this episode, Mexie interviews Greg from In The Roots Podcast about the role of our global financial institutions in the making (and re-making) of the Global South and in exacerbating the refugee crisis. Greg provides the history of the IMF and World Bank and the historical and present day consequences of the structural […]

Harley Schlanger, LaRouchePAC.com, IMPERIAL GEO-POLITICIANS ENGAGE IN FUTILE, BUT DANGEROUS EFFORTS TO BLOCK BRI, Belt and Road for All Nations, World Trade or World War, Defense of Earth, Future Tech and Solutions for Mankind as We Leap Off Earth to Moon Mars and Milky Way Worlds, collapsing London-directed Trans-Atlantic system,Dr Bill Deagle MD AAEM ACAM A4M, NutriMedical Report Show, www.NutriMedical.com, www.ClayandIRON.com, www.Deagle-Network.com,NutriMedical Report Show,https://harley.larouchepac.com/imperial_geo_politicians_engage_in_futile_but_dangerous_efforts_to_block_briIMPERIAL GEO-POLITICIANS ENGAGE IN FUTILE, BUT DANGEROUS EFFORTS TO BLOCK BRIBy Harley Schlanger26April 2019As the second Belt and Road Forum opened in Beijing on April 25, the defenders of the collapsing London-directed Trans-Atlantic system have stepped up their rhetorical assault and financial/military activities against the New Paradigm, which is emerging around President Xi Jinping’s Belt and Road Initiative (BRI). While engaging in endless repetition of bogus charges, such as that of an “aggressive and escalating Chinese military threat”, “state-sponsored spying”, “imperial ambitions” and “currency manipulation”, these war party operatives display the same lack of regard for truth that characterized their use of discredited charges of “Russian hacking” and “Trump collusion” to target President Donald Trump’s outreach to Russia and President Putin. And just as their continuing assault against Trump and Putin has been revealed to be a regime change coup organized by top elements of the British Empire—including their operatives in the Obama intelligence community and their Bush League neocon allies—there is no evidence to back the claims they now are making against China’s President Xi Jinping and his BRI.But these attack dogs are not concerned with truth, nor evidence. Instead, they wish to create a hostile environment against improved U.S.-Chinese relations, to prevent Trump from succeeding in bringing the U.S. into a coordinated relationship with the BRI, based on his often-expressed friendship with Xi. This friendship has provided a basis for productive U.S.-Chinese cooperation in addressing the North Korean nuclear threat, and has survived a rough patch of trade talks, in which the U.S. has imposed tariffs aimed at addressing the continued existence of a large trade deficit with China. The resolve of both leaders to succeed in these talks has resulted in progress, as a new round of trade negotiations begins April 30 in Beijing, with both sides saying they are nearing an agreement, which Trump has repeatedly tweeted will be “historic”.For their part, the Chinese have continued to express a desire for the U.S. to be partners in the BRI process. On the eve of the event, China’s Ambassador to the U.S., Cui Tiankai, appealed to the U.S., to accept this challenge.“Imagine the potential of China and the United States,” he said, “the world’s two largest, most vibrant economies, collaborating on the most ambitious development project in history. The scenario is no fantasy: China’s Belt and Road Initiative (BRI), which kicked off almost six years ago, will eventually connect a vast swath of the world, creating huge yields in economic activity, and wiring the world together as never before. However, the United States remains on the sidelines, and this has implications not only in terms of missed opportunities for growth in the U.S., but for the cause of global development which needs the ingenuity and the industry of the U.S.”END OF GEOPOLITICSThe unwillingness of the anti-China mob in the U.S. to respond positively to this challenge has nothing to do with fears that the Chinese are about to establish a new global empire, to threaten U.S. hegemony. Instead, it is an explicit rejection of an earlier offer made in August 2018 by President Xi, in discussing the goal of the BRI.“The Belt and Road,” he stated, “is an initiative for economic cooperation, instead of a geopolitical alliance or military league, and it is an open and inclusive process rather than an exclusive or ‘China club.'”In language which directly echoes the Schiller Institute’s Helga Zepp LaRouche, who has defined the New Paradigm as one in which “geopolitics” has been eliminated, Xi is clear that he sees the threats against achieving peaceful cooperation as coming from the geopolitical doctrines developed at the end of the 19th century by British imperial strategist Halford Mackinder. A staunch defender of the British Empire, Mackinder argued that the greatest threat to continued British world domination would be the development of new trade routes over land, utilizing rail, which would diminish greatly the dominant position in world trade, based on British sea power.Mackinder’s doctrine defined the emergence of rail connections, such as the Trans-Siberian railroad, or the Berlin-Baghdad line, as existential threats to the Empire. The precedent of Lincoln’s Transcontinental railroad in the U.S., connecting the east and west coasts of the U.S. by land, which was seen as a danger by Britain’s imperial predators, was viewed as a positive precedent by leaders in Europe. To prevent this, the British orchestrated regional wars—such as the Russo-Japanese war, and the 1912-13 Balkan Wars—and employed divide-and-rule tactics, to undermine the strategic cooperation between nations required to achieve peaceful commercial and cultural ties. The geopolitical intervention by the Empire was directly responsible for both World Wars of the twentieth century. Their heirs in today’s anti-Russia, anti-China policy gaggle are pushing a course leading toward a possible World War III, a horrific potential result, but one which does not at all deter them from provocative actions.WILL RUSSIAGATE BECOME CHINAGATE?What is not surprising is that many of those spouting nonsense about China are the same as those who previously—and still are—using Russiagate to control, or remove President Trump. A leading anti-Trump figure in the U.S. Senate, Republican Marco Rubio, is a point man against China, using his Committee on Small Business and Entrepreneurship to spread lies about China. This committee just released a report, “Made in China 2025 and the Future of American Industry”. In introducing the report, Rubio accuses China of “blatant industrial espionage and coercion”, adding that China intends to “steal and cheat their way to world dominance.” In an op ed he wrote on April 25, he accused the U.S. of being “stunningly naive” in pursuit of a trade partnership, a direct attack on Trump’s effort to negotiate with China. He branded the BRI as part of “an unprecedented effort to supplant America’s role as the leading economic and military power,” and warned nations not to fall into China’s “debt trap.” Note that Rubio led the Republican attack on Trump’s negotiations with Russia’s Putin at Helsinki, and has defended the FBI from charges of engaging in a coup against Trump: I have seen “no evidence” that the FBI spied on the Trump campaign, he said on multiple occasions.Rubio’s effort has bipartisan support, with Democratic Party presidential candidate Elizabeth Warren chiming in that China “has weaponized its economy” in its effort to overtake the U.S. This line, which is heard from many Democrats with ties to Hillary Clinton, is coherent with the G.W. Bush era geopolitical dogma of the Project for the New American Century (PNAC), which held that, after the collapse of the Soviet Union, the U.S. must remain the unilateral power in the world. It is also reflected in the reconstitution of the Cold War Committee on the Present Danger (CPD), this time focusing on China rather than Russia. CPD-China, as it is known, held an event in Washington on April 9, featuring Sen. Ted Cruz, a former Trump opponent, Newt Gingrich, an occasional spokesman for Trump, and Steve Bannon, who worked for the Trump campaign and presidency as a “strategist”, but was later fired. Cruz said that China is “the greatest long term geopolitical risk that the U.S. faces”, while Gingrich accused the U.S. of “sleepwalking” while China asserts its new-found power. Bannon has a long history of anti-China posturing, claiming that we are in “an economic war with China”, one which “China foisted on us.”The CPD-C was set up to “inform America about the existential threat” of China. While its personnel are mostly recycled neocons from the Bush era, such as Frank Gaffney, its vice-chair, more concerning is the chorus of voices from within the Trump administration attacking China. These include Vice President Pence, who has accused China of “economic aggression”, having an “unparalleled surveillance state”, and using “‘debt diplomacy’ to expand its influence”; and Secretary of State Pompeo, whose mid-April tour of four nations of Latin America included harsh rhetoric and threats against those wishing to collaborate with China. While in Chile, Pompeo claimed that China deploys its companies abroad to “enter the house, set traps, ignore the rules and propagate disorder.” Pence, Pompeo and special Venezuela envoy Eliot Abrams have taken the point in threatening both Russia and China over what they say are unwelcome intrusions into “our hemisphere”, with their support of the Maduro government in Venezuela, which the British faction has targeted for regime change.Will such absurdly provocative allegations and threats stop China from succeeding with their “win-win” economic and strategic diplomacy? As Mrs. LaRouche has emphasized, China’s efforts are “unstoppable,” except by war, as they address needs in many nations, for infrastructure and development aid, which is not available elsewhere. This was evident in an April 20 article in “Foreign Policy” magazine, “Catching China by the Belt (and Road)”, which wrote about the newly-established U.S. government agency, the International Development Finance Corp. (IDFC), as a plan to counter the BRI. The IFDC was created, the authors posit, to prevent the developing world from falling “under China’s sway,” to “help Washington push back against Beijing’s sweeping BRI.”However, they admit that the IFDC has offered a paltry $60 billion in capital, compared to the more than $1 trillion already pledged by China. Further, the aid comes with the requirement that the IMF and World Bank be involved in overseeing the fund disbursement. Saying this is necessary to prove that China is violating “well-established norms with its lending policies”, and to “draw attention to the corruption of the BRI”, it is well known that one of the reasons so many nations have welcomed the BRI is their rejection of IMF/World Bank conditionalities, which have prevented real development from occurring, while maintaining the colonial lending practices favorable to the financial institutions controlled by the British empire.As Russiagate has crumbled, brought down by its blatant lies and increasingly transparent evidence that it was nothing but a coup, run by a foreign power—Britain—to overturn the result of the 2016 election, “Chinagate” will ultimately fail. The potential benefits of peaceful cooperation between the U.S. and China, recognized by both Presidents Trump and Xi, in light of the great success of the BRI, are a preferred outcome to trade war and military confrontation. The media may hide from the American people the dynamic story of China’s BRI, but, if the truth becomes known, it is likely that Americans would reject the McCarthyite scare mongers, as they have in the past, and embrace the possibilities in a “win-win” relationship with China. For information regarding your data privacy, visit Acast.com/privacy See acast.com/privacy for privacy and opt-out information.

South Africa Farm Land Disputes have been going on over a century. The land was stolen by Dutch and English in early 1800's. It's time for those Dutch to return the land back to the south Africans. Nelson Mandela should have fixed this problem when he was in power but unfortunately he didn't. Now it's time to reclaimed the land that was stolen from those South African. Whether u agree or disagree with me those are the facts. Donald Trump and Zionist Jews need to stay out of this matter. This is a South African issues. Millions of people have lost their life over this issues. The hypocrisy of those European towards black Your forefathers stole the land by pilgrimage, Now it's time give the land back to it original owner. I know they're going to be some backlash against South Africans most from Zionist Jews, IMF World Bank ,and the US government. Stay focused and be strong South African One love One Blood One GOD. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/johnrosemberg/support

Shaka Ssali discusses the International Monetary Fund / World Bank Spring Meetings with Albert Zeufack, Ph.D., Africa Chief Economist, at the World Bank, Eric LeCompte, Executive Director, at the Jubilee USA Network, and with Reverend Aniedi Okure, Executive Director, at the Africa Faith and Justice Network.

Shaka Ssali discusses the International Monetary Fund / World Bank Spring Meetings with Albert Zeufack, Ph.D., Africa Chief Economist, at the World Bank, Eric LeCompte, Executive Director, at the Jubilee USA Network, and with Reverend Aniedi Okure, Executive Director, at the Africa Faith and Justice Network.

Labor market flexibility is considered by many to be essential to an efficient market economy. But a top-level official of the ILO says there’s been an excessive focus on worker flexibility. Off the back of an IMF/World Bank seminar, she explained how economic growth can be nurtured to benefit all.

Earlier this week, we heard from IMF experts about their expectations for the world economy. Now, with the IMF-World Bank Spring Meetings in full gear, we asked journalists from around the world for views from their region. What does state of the global economy look like, and what do they see are the biggest risks out there?

Ngaire Woods, Jeni Whalen and Christina Ward discuss some of the key institutions and groups who are responding to the financial crisis.

Part 5: Taxes, the IRS, IMF, World Bank & the Vatican - How did the American people get roped into paying taxes (tribute) to the King of England after the Revolutionary War, and still do today? This and more on this episode of the Iconoclast Report About the Series "Constitutional Crisis & the Patriot Paradigm": We all know the US Constitution has been trampled, and that our rights are ignored and legislated away - there is a crisis! But do you want to know the REAL reason why? Many call themselves Patriots and, for love of their country and fellows, would fight and die for the Constitution and America the Republic. Will this movement accomplish what Patriots think? Find out this and much more on the Constitutional Crisis and Patriot Paradigm series on the Iconoclast Report.

--{ Recycling Trash-ers of Body Snatchers: "We Enjoy Scary Movies, Like to Scream, Yet We're in Scary Reality, People Turning Green, We're Supposed to Let Go, Nature's Will be Done, In Homogenization is Understanding, All is One, Upon Awakening, Your Spouse, Like in a Dream, Will Seem a Little Different, Skin a Tinge of Green, She'll Fawn over Shrubbery, Still Polite to You, You'll Notice Her Shallow Breathing, Cutting Back on CO2, Then Friends and Neighbours, Something Different is Seen, One by One They're Taken Over, Yes They've All Gone Green" © Alan Watt }-- Coming Under Attack When Doing the Right Thing, Time Spent Fixing Problems - Inability to Upload to My "Unlimited" Web Space (Yahoo) Sites - My Xplornet Satellite Service Cut Off, Uploading Prohibition, Arbitrary "Fair Use" Policy, Automatic Bandwidth Cut-back ("Rollback") Policy - Invitation to Xplornet Boss to Explain "Rubber Band" Policy - Paying to Fix Equipment when Not Broken (Problem on Xplornet's End) - Bureaucracy of Government and Corporations, New Feudal System - Xplornet's "Insomniac" Recommendation. Lord May advocates Religious Groups to Police Congregations' Behaviour - "Invasion of the Body Snatchers" movie, Replicant Takeover, Going "Green" - Big Stick of "Sustainability" - International Socialism, Micromanagement of Every Detail of Your Life - UN wants Global Currency and More Power for IMF/World Bank. Totally Corrupt System - Big Pharma and Govt. - Britain, Question Medical Profession and have Your Children Confiscated - Gardasil Vaccine, Paralysis Side-Effect from Injection. The People Saying NO, Enough is Enough - Public Consent (including Silence) is Necessary for Agenda - Trained to Leave it to the "Experts" - Government is an Idea, Small in Relation to Population - Divide and Conquer Strategy - Protests and Demonstrations - We have the Power to Say NO. UN Agenda 21, Blueprint for Global Transformation - Maurice Strong - Socialism-Collectivism to Rule World. (Articles: ["Leading scientist calls on religious leaders to tackle climate change - President of the British Science Association, Lord May, says faith groups could lead policing of social behaviour" by Ian Sample (guardian.co.uk) - Sept. 7, 2009.] ["UN wants new global currency to replace dollar" by Edmund Conway (telegraph.co.uk) - Sept. 7, 2009.] ["Question a doctor and lose your child" by Daniel Foggo (timesonline.co.uk) - Sept. 6, 2009.] ["Agenda 21: The U.N. Plan for Your "Sustainable" Community" by Berit Kjos (crossroad.to) - 1998.]) *Title/Poem and Dialogue Copyrighted Alan Watt - Sept. 8, 2009 (Exempting Music, Literary Quotes, and Callers' Comments)