IMFSyndicate content

From Fenians to financiers: James Connolly and the Irish meltdown

Irish protesters march through Dublin against the deal struck between their government and the IMF and European Central Bank on Nov. 27.  To the left is the GPO -- the General Post Office -- the headquarters of 1916 uprising. Photo: lusciousblopster

A spectre is haunting Ireland -- the spectre of James Connolly.

Connolly was executed by a British firing squad for his role in Ireland's 1916 Easter Rising for home rule. Celebrated as a hero of Irish independence by political parties of both the left and right in Ireland, his socialism is all too conveniently overlooked.


U.S. says China won't play fair on currency market, but neither do they

Chinese currency floats in a fountain in Tibet. Photo: kholkute/Flickr
When faced with a choice between acting on its own behalf, or helping out the world financial system, the U.S. looks to itself. Yet it is surprised when China does this too.

Related story:


Bank with BRICS

Photo: flickr/J R

Celebrations surrounding the 70th anniversary of the Bretton Woods agreements that created the IMF and the World Bank are low key affairs. It does not help that the U.S. Congress has failed to ratify the most recent agreement to expand the IMF, required to make World Bank resources (tied to IMF borrowing quotas) grow as well.

March 5, 2014 |
An International Monetary Fund report released this week found that taxing the wealthy to fund programs that reduce income inequality is good for the economy.
| April 19, 2013

Multiplying mistakes: Tallying the economic costs of austerity

Photo: Gwydion M. Williams/Flickr

In 1936, the British economist John Maynard Keynes published his celebrated General Theory, a book that provided a scientific basis for understanding the Great Depression, the worldwide slump lasting from 1929 until the outbreak of World War II in 1939. Only recently has the International Monetary Fund realized his research insights apply to today's world economic mess centred in a stagnating Europe, and a slow growth U.S. The IMF rediscovery of Keynes has not yet registered with the Harper government, which continues to mislead Canadians about what to do about the sluggish economy.

Photo: Daniela Hartmann/Flickr
| June 18, 2012
MEPs discuss how to kick-start Greek economy with Troika members. Photo: Pietro Naj-Oleari/ European Parliament/Flickr
| May 15, 2012
| March 15, 2012
Syndicate content