Monetary Fund (IMF) to borrow money from. The IMF’s role is that of a “helping hand.” As per Jamaica and the IMF’s agreement‚ the IMF established a five-year plan with Jamaica. This included the placement of stringent restrictions on what the tiny nation could spend the money on. As the Jamaicans slowly realized‚ this deal would serve them no purpose‚ except indebting the nation even further. The island was forced to cut certain government programs and devalue their currency to meet IMF demands. Jamaica
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2013 Argentina floods 2013 Argentina floods Duration 2 April 2013–3 April 2013 Fatalities 99+ Areas affected Greater Buenos Aires Greater La Plata From 2–3 April 2013‚ the northeastern section of Buenos Aires Province‚Argentina‚ experienced several flash floods that claimed the lives of at least 100 people. Greater La Plata was hardest hit with 89 reported deaths‚ and Greater Buenos Aires reported 10 deaths. The flooding was the result of extremely heavy rainfall and is said to be the
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Between the IMF and World Bank? One source describes the differences between the two primary world financial organizations this way: "The IMF keeps account of trade balances between member states‚ basically who owes whom how much‚ as an independent auditor. The World Bank on the other hand‚ gives more long term loans for more general purposes." The World Bank is an investment bank mediating between lenders and borrowers. It sells bonds and lends that money to borrowing governments. The IMF was originally
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Tuesday‚ September 11‚ 2001 was the most horrendous day of many people lives‚ not just people living in New York. Many people were affected by the terrorists’ attacks that occurred on that warm morning. The two planes hit building’s one and two in the World Trade Center; there are a total of seven buildings. Several people and the newer generations do not understand how bad it affected our country‚ and how it really made people feel. How did you feel on that day‚ and what do you remember? In order
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18 Discussion of the Recent Financial Crisis & Other Recent Events MACROECONOMICS Macroeconomics Prof. N. Gregory MankiwRudra SensarmaKozhikode Indian Institute of Management PowerPoint Slides by Ron Cronovich © 2013 Worth Publishers‚ all rights reserved www.rudrasensarma.info ® Learning objectives & outcomes Macroeconomic implications of: Japan’s prospective PM and his plans The Eurozone mess and a Greek default The Global crisis and macroeconomic policy 1 Shinzo Abe’s plans
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Introduction: Iceland: Iceland is a European North Atlantic country with a population of 321‚800 according to statistics Iceland (2013). Reykjavik is the capital and the Icelandic monetary unit is the króna – ISK. Iceland is a parliamentary constitutional republic with a stable democracy. Iceland has been known for its rich natural resources (fisheries‚ renewable energy and water)‚ as well as being a significant tourist attraction because of its amazing natural beauty and its famous volcanoes
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RELS 2001 Midterm Study Guide Spring 2013 Date: 7/2 You are required to bring Blue Books for the exam. They are available at the Student Government Office (4th floor‚ University Center‚ right above the bookstore) for free. I will collect all your Blue Books and redistribute them before the exam. Also‚ you will be strictly required to leave all your cell phones and bags (along with all reading materials) in the front of the class. Any kind of academic dishonesty will not be tolerated
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IMF STRUCTURAL ADJUSTMENT PROGRAMS IN AFRICA INTRODUCTION Beginning in 1980‚ the International monetary Fund (IMF) started to impose Structural Adjustment Programs (SAP) on African debtor nations. SAP’s have been imposed on 36 African Sub-Saharan countries under the assumption that neo-liberal reforms lead to economic growth and an increased standard of living. For that reason‚ focus was put on macroeconomic policies with the open market based approach. SAP’s generally mandated: -the removal
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Terror and Lies: September 11‚ 2001 The words scribbled on a piece of paper by Connecticut resident Randy Scott the morning of the September 11‚ 2001 tragedy read‚ “84th Floor west office 12 people trapped.” These were Scott’s last words‚ but the note survived the collapse of the World Trade Center. Ten years after 9/11‚ DNA testing confirmed the blood on the note belonged to Randy Scott‚ and New York City Medical Examiners tracked down the Scott family. When Scott’s wife saw the note‚ she recognized
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2001: A Space Odyssey (1968) by Stanley Kubrick is a classic movie that combines nearly every cinematic element imaginable into a single movie that was revolutionary for its time. Right off the bat‚ the movies captures your emotions with an iconic score‚ and strong‚ vibrant visuals. At the very beginning of the movie‚ the watcher is given a pitch-black scene‚ while music plays in the background for several minutes‚ gradually intensifying until it builds to a climax. The music itself takes the watcher
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