Taiwan seeks IMF membership for financial protection against China.
#Taiwan #IMFTaiwan is making a bid to join the IMF for financial protection from China. This move is part of Taiwan's effort to enhance its global status, despite China's opposition. Washington also supports Taiwan's inclusion in international organizations. read more
IMF annual meeting warns of risks to global economic growth
#IMF #GlobalEconomyThe International Monetary Fund annual meeting in Washington discusses the world economy's stagnant growth. Upcoming risks include slow central bank response to high borrowing costs, Middle East conflict affecting oil prices, and concerns about global GDP reduction if Donald Trump is re-elected. read more
Sri Lanka's President Dissanayake Grapples with Economic Crisis and IMF
#SriLanka #IMFSri Lanka's new president, Anura Kumara Dissanayake, from the JVP party, is challenged by IMF austerity measures amid a severe economic crisis. Dissanayake's ability to renegotiate with the IMF will be crucial during upcoming parliamentary elections. # read more
#IMF #ReformEfforts
The 80th anniversary of the IMF prompts calls for reforms to address governance imbalances including US veto power. Global cooperation, particularly between the US and China, is essential for successful reform. read more
#IMF #Austerity
The United States and the IMF are responsible for imposing strict austerity measures on Kenya, leading to protests and government oppression. The US, as the main shareholder in the IMF, wields significant control over its programs, perpetuating neocolonial extraction in Kenya. read more