cbe reveals egypt’s economy external position

The US dollar-denominated debt includes outstanding obligations to creditors other than the USA, including the IMF, African Development Bank (AfDB), and the International Bank for Reconstruction and Development (IBRD). . ... The CBE noted that breakdown by creditor indicates that $29bn was owed to..

iran vs. spineless europe

First, US sanctions will not go away, unless the rest of the world stands up to the US and sanctions them back; in other words, stops trading with the US and uses different payment modes than SWIFT and the US-dollar, for example, local currencies, or yuan and ruble through the Chinese International Payment..

the truth about neoliberalism

On the one hand, neoliberalism’s interwar ideas fully appeared to anticipate the postwar economic framework of the IMF, the International Bank for Reconstruction and Development (IBRD) – subsequently renamed the World Bank – the General Agreement on Tariffs and Trade (GATT), and, later, the..

the asymmetric world order

The United States used various international bodies like the UN to politically assimilate states that had been in the Russian or nonaligned camp. It intensified its use of the International Monetary Fund (IMF) and the World Bank, as well as the newly christened World Trade..

Most controversial news of the day, as detected by AI.