Blog > Archive by tag 'imf'
“The Bush administration is currently disputing the International Monetary Fund’s claim that increased production of biofuels, namely ethanol, is the biggest factor in rising food prices.” — Jason Simpkins
by Jason Simpkins, Money Morning
Baltimore — (TFN): U.S. consumer prices rose less than forecast in the month of April, assuaging some inflation fears, but food prices experienced [...]
“What has sparked such energy from bureaucrats better known for their plodding nature? Nothing sets a fire under such folks like a good food riot.” — Adam Lass
by Adam Lass
Baltimore – (TFN): Brick-throwing crowds have been reported in Egypt, Cameroon, Cote d’Ivoire, Senegal and Ethiopia. But these are not [...]
Tags: Adam Lass, africa, cameroon, cash crop, china, commodities trading, cote d'ivoire, egypt, ethiopia, food riot, grain, haiti, imf, India, mexico city, pakistan, senegal, thailand, tortilla, west bengal, world bank, yemen
“When the United States, the leading importer of Latin American goods, struggled through a recession in 2002, six of Latin America’s most prominent currencies dropped by 20% or more. But the story for 2008 has been very different.” — Jason Simpkins
by Jason Simpkins
Baltimore – (TFN): Concerns about the U.S. economic slowdown [...]
“But according to the Bank of England’s latest quarterly Credit Conditions survey, over the next three months lenders expect to cut lending further, raise charges, and be more demanding on terms, such as hiking deposit levels, for example. So it’s little wonder that the IMF reckons Britain [...]
"The media does not understand the situation, as usual. The reports I’ve seen tend to point out that the IMF holds some 103 million tons of gold, but leaves out the details of the plan discussed so far." — Ed Bugos
by Ed Bugos, Whiskey and Gunpowder
Baltimore – (TFN ): The [...]