Greece: 20% Cut in Minimum Wage and 15,000 Public Sector Jobs Lost? Ouch..
Prime Minister Papademos, Finance Minister Venizelos, and Greek Bank Governor Provopoulos are expected to sign a draft agreement to secure a $172 billion dollar rescue plan desperately needed by the…
With Iran Offline, Oil Could Jump 30%
Despite our massive emergency oil reserves (see here), the IMF estimates a halt in Iran crude could produce a rather dramatic effect in the price of oil: "If Iran halts exports to countries without…
Strauss-Kahn meets with IMF
Strauss-Kahn meets with IMF Chief and staff members The Washington-based International Monetary Fund (IMF) said Monday that its former boss Dominique Strauss-Kahn paid a visit to the Global lender…
Summary IMF Org Chart
With much attention focusing on Dominique Strauss-Kahn and the IMF, Reuters has compiled a useful org chart summarizing the complete flow of executive power at the Washington D.C.-based developing…
George Soros: China will be the NEW world currency
[youtube=http://www.youtube.com/watch?v=JJVZ8sf6uBI&feature=player_embedded&w=450&h=350] The US Dollar has been the king of currencies for some time now. According to Soros, there was a…