IMF Slashes Global Economic Growth Forecast, Urges Policy-Makers Not To ‘Pivot’
“The worst is yet to come, and for many people 2023 will feel like a recession,” the lender’s chief economist, Pierre-Olivier Gourinchas, wrote in a foreword to...
Russia and China threaten ‘tectonic shift’ in world economy, IMF claims
The world is at risk of splitting into two economic blocs as a “tectonic shift” puts an end to decades of globalisation. The warning from...
IMF Warns That Sanctions Against Russia Threaten to Weaken the Dominance of the Dollar
The recent financial sanctions imposed on Russia for its invasion of Ukraine are threatening to weaken the dominance of the U.S. petrodollar as the world...
Dr. Paul Craig Roberts: “Truth Is Evaporating Before Our Eyes”
On September 17, I posted my column, “Evidence is no longer a Western value.” I used as an example the blame that has been put...