The Trade Surplus and the Olive Tree The International Monetary Fund (IMF) has seen its loan portfolio drop 73 per cent since 2003. Nobody seems to be defaulting on their loans lately, and there hasn't been a
big bailout since 2001.
The IMF's summit this week in Singapore will look at this issue and how to better the world
balance of trade betweed the developing world and the industrial economies of the west. But is there really a
place (warning: PDF) for the IMF in the trade agreements between
China and the
US?
posted by parmanparman
on Sep 15, 2006 -
7 comments
Power Cut Shuts Down Iraq Oil Exports ASRA, Iraq (AP) -- Iraq's oil exports were shut down Monday by a power cut that darkened parts of central and southern Iraq, including the country's only functioning oil export terminals, Iraqi and foreign oil officials said.
posted by celerystick
on Aug 22, 2005 -
21 comments
This isn't about agriculture. Today, twelve prairie farmers have surrendered themselves to RCMP, rather than pay a fine for their illegal activities. Their mutual crime was choosing to export their
wheat crop independently, rather than through the
Canadian Wheat Board. Are state-run agricultural monopolies appropriate, especially when their authority is exerted unevenly throughout the country? Do you think the action taken by these farmers is justified?
posted by vesper
on Oct 31, 2002 -
17 comments