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International Monetary Fund

Jul 2001Amount of a $25,000,000 "signing bonus" from two oil companies that Chad spent on weapons, violating an International Monetary Fund agreement: $4,500,000
Source:

The World Bank (Washington)

Jun 1999Estimated portion of the $4.8 billion that the IMF loaned Russia last July that has been lost or stolen: 1/5
Source:

Russian Audit Chamber (Moscow)

April 15, 2005The International Monetary Fund announced that sub-Saharan Africa's economy had grown 5 percent last year, with inflation at its lowest in twenty-five years.
Source:

BBC News

January 7, 2004The International Monetary Fund published a report warning that the United States' budget and trade deficits threaten to destabilize the entire global economy; Bush Administration officials dismissed the report and said that lots of countries run huge budget deficits.
Source:

New York Times

September 23, 2003The International Monetary Fund called for the destruction of Afghanistan's poppy fields, which supply a $2.5 billion opium export industry. The fund said that opium accounts for up to 50 percent of the Afghan economy.
Source:

Reuters

September 22, 2003The International Monetary Fund accused Arafat of moving about $900 million into a bank account under his personal control.
Source:

New York Times

January 21, 2003The International Monetary Fund agreed to postpone Argentina's scheduled $1 billion debt payment.
December 26, 2000 Russia was planning to earn billions for becoming the world's largest nuclear waste dump; the atomic energy minister, Yevgeny Adamov, said the plan would allow Russia, which just announced it might default on its debt again, to avoid “going with a begging bowl to the IMF, which we have done up to now to our shame.” Adamov recently criticized the Ukraine for closing the Chernobyl power station, saying that it was perfectly safe.
September 26, 2000Twenty thousand hippies were descending on Prague in anticipation of a meeting of the International Monetary Fund and the World Trade Organization; Czech police, 11,000 of whom were standing by to subdue the hippies, were also trying to prevent as many as possible from entering the country.

    MAY 2008

    NUMBERS RACKET
    Why the Economy Is Worse Than We Know
    By Kevin Phillips

    MY LOBBY, MYSELF
    How John McCain's Hypocrisy Is Laundered As Reform
    By Ken Silverstein

    THE NEXT THING
    A story by Steven Millhauser

    Also: Patrick Symmes, Wendell Berry