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IMF / Georgieva: Our members can rely on us for financial support

Kristalina Georgieva A resilient world economy is being tested again by the war in the Middle East. The conflict has caused considerable hardship around the globe. My heart goes out…

The return to normality will take two years; Turkey faces a decline in exports and a wave of bankruptcies

Levent Gürses The war in Iran is dragging on, with no ceasefire agreement reached. The major energy crisis looks set to intensify… Fatih Birol, Executive Director of the International Energy…

From the “debt is death” notion to global food inflation leadership

Osman Şenkul In ancient India, floods—which remain quite devastating to this day—would occasionally leave peasants without crops and, more importantly, without seeds for the next planting season; consequently, famine spread,…

We are at the start of the biggest energy crisis; April is set to be even worse

Levent Gürses Hopes had dimmed following the failure of US-Iran ceasefire talks in Islamabad, Pakistan’s capital, to reach an agreement last weekend and the US’s announcement that it would impose…

WSWS:Rate hikes, of course, would further dampen growth

Nick Beams – WSWS For the second year in a row, the International Monetary Fund (IMF) is holding its spring meeting (April 13-18) in conditions of global economic and financial…

Trump wants regime change at the Fed

Paul Krugman When Donald Trump took us to war with Iran, he dismissed warnings from the experts, from the military, from the intelligence community, saying that this was a highly…

The fair tax system of 2,500 years ago would strengthen the economy

Osman Şenkul Pericles (495–429 BC), regarded as one of Ancient Greece’s most powerful statesmen, was trained to become a skilled politician through lessons he received in his childhood from Anaxagoras,…

Money only works in a trusted, shared system

Chris Skinner There’s a fundamental truth about money that we often forget: money only works because we all agree to use the same system. Whether it’s Visa, SWIFT or central…

Rebecca Solnit: A new world is being born

Zoe Williams When I speak to Rebecca Solnit, she is beaming, and I can’t immediately figure out why. Her new book, The Beginning Comes After the End: Notes on a…

A fragile ceasefire, who is the winner of the war, and $1.2 billion for motorways and hospitals

Levent Gürses A ceasefire was declared 40 days after the war launched by US-Israeli aggression against Iran on 28 February. In fact, a ceasefire was declared, but the war is…