Max Keiser and Stacey Herbert on The IMF Or Why You Should Be Very Worried When They Give Us Compliments

John Key is happy that the IMF gives New Zealand Compliments. He should be because he is a banker and wants his ilk to thrive. But why should we be happy with the compliments of its CEO Christine Lagarde who in her  homeland France recently had her apartment raided as part of an ongoing investigation […]

World Bank: Two and a half billion people live on less than $2 a day

The World Bank reported Tuesday that in 2005 an estimated 1.4 billion people in the so-called ‘developing world,’ one-fourth of its population, lived on less than $1.25 a day, the new official poverty line. This figure is 400 million more than the Bank’s 2004 estimate of 985 million. Another 1.2 billion people live on between […]