Archive

12.10.2018 - 18:35 [ Reuters ]

At IMF-World Bank meetings, Powell praised as Trump calls Fed ‚crazy‘

The Bank of England governor and the head of the International Monetary Fund praised the abilities of Federal Reserve Chairman Jerome Powell on Thursday, after U.S. President Donald Trump said the Fed had “gone crazy” by raising interest rates.

04.10.2018 - 01:43 [ El Pais ]

Spain’s Supreme Court upholds conviction against ex-IMF chief Rodrigo Rato

The Spanish Supreme Court has upheld a four-and-a-half year prison conviction against Rodrigo Rato, a former banker, International Monetary Fund (IMF) chief (2004-2007) and deputy prime minister of Spain between 2003 and 2004.

In February 2017, Rato was found guilty of embezzlement in a high-profile case involving corporate credit cards used by top executives at the lenders Caja Madrid and Bankia, which Rato headed between 2010 and 2012.

25.09.2018 - 23:39 [ Reuters ]

Argentina’s central banker resigns in the midst of IMF talks

Luis Caputo’s surprise resignation after just three months in the role came as a nationwide strike by unions, called to protest Macri’s handling of the economy, shuttered public transit and ports across the country.

Former Economic Policy Secretary Guido Sandleris, who holds a doctorate in economics from Columbia University, was named as Caputo’s replacement.

20.07.2018 - 21:24 [ RT ]

Ecuador to hand over Assange to UK ‘in coming weeks or days,’ own sources tell RT’s editor-in chief

The Times report comes just weeks before a visit to the UK by the newly-elected Ecuadorian president Lenin Moreno, who has labeled Assange a “hacker”, an “inherited problem” and a “stone in the shoe.”

30.05.2018 - 11:25 [ David C Bannerman, Abgeordneter des EU-Parlaments / Twitter ]

What’s happening in Italy is an absolute democratic outrage & shows EU will trample over all democracy to protect its tottering Empire & Euro. First they parachuted in Monti as PM 2011-13, a technocrat & ex EU Commissioner, now they parachute in Carlo Cottarelli, ex-IMF economist

30.05.2018 - 10:40 [ New York Times ]

Italian President’s Loyalty to the Euro Creates Chaos

But in deliberately forcing a new election over the euro, which a majority of Italians say they support, the usually careful and measured Mr. Mattarella expressly put an explosive issue with the potential of transforming Europe front and center. And by using his constitutional powers to block the new government in order to protect Italian savings accounts from increasingly wary markets, he also handed the gifted and gleefully hostile populist parties the talking point of a lifetime before the elections.

28.05.2018 - 17:19 [ Seattle Times ]

Ex-IMF official tapped to head Italy firmly backs euro

The man tapped to head a neutral government in Italy after two populists failed in their bid is a former official at the International Monetary Fund who is a firm believer in the euro and in the necessity of Italy cutting its stubbornly high-debt load.

28.05.2018 - 16:43 [ Ansa.it ]

No one contemplated euro exit-Salvini

„No one ever thought about quitting the euro,“ Salvini told Radio Capital.
„It wasn’t in our programmes, it wasn’t in Savona’s programme.
„There was just the revision of the banking system and the taxes“.

28.05.2018 - 16:36 [ Ansa.iit ]

Impeachment talk irresponsible-Berluscon

„At a time like this, everyone’s first duty is to defend the savings of the Italian people, safeguarding our country’s families and companies“ Berlusconi said.

28.05.2018 - 16:31 [ Ansa.it ]

PD backs Mattarella

The centre-left Democratic Party (PD) on Sunday backed President Sergio Matterella after his controversial rejection the nomination of Paolo Savona as economy minister.
„The League and the 5-Star Movement are using unheard of words and unprecedented threats,“ caretaker PD leader Maurizio Martina said via Twitter.

28.05.2018 - 16:20 [ Bloomberg ]

Italy’s Establishment Vetoes the Populists

Italy’s two populist leaders forged a coalition from very different policy platforms. They found a prime minister that both could accept. Then President Sergio Mattarella vetoed their finance minister and their bid for power foundered, unleashing chaos and rage in equal measure in Rome.

28.05.2018 - 16:19 [ Euractiv.com ]

Technocrat PM to take over in Italy as President steps in to protect the euro

Shortly afterwards, he summoned former International Monetary Fund (IMF) senior official Carlo Cottarelli for a Monday morning meeting — an indication he may be considering asking him to head a government of unelected technocrats.

28.05.2018 - 16:09 [ Ansa.it ]

Impeachment Mattarella – Di Maio

5-Star Movement (M5S) leader Luigi Di Maio said Sunday that President Sergio Mattarella should be impeached after he rejected the nomination of Paolo Savona as economy minister.
„(What) if we have elections and we win and the we go to the president’s palace and they say we cannot form a government?“ Di Maio said on a telephone interview with RAI show ‚Che Tempo Che Fa‘.

17.05.2018 - 18:39 [ IBNA ]

Athens expects staff level agreement with creditors by Saturday

Speaking to Greek media on Thursday, Finance Ministry sources confirmed that talks with the inspectors representing the country’s official lenders have culminated in an agreement to reduce pensions in January 2019 as agreed, and slash the income tax-free threshold in 2020.(…)
Remaining stumbling blocks reportedly include delays in the selection of new general secretaries for Greek ministries, over which the government was warned by troika representatives.