Accuracy in Media

Congress refuses to fund the IMF; Reuters panics

WASHINGTON — Congress did not fund the International Monetary Fund (IMF) as of this week, which threatened to push back what Reuters called “historic reforms” at the global financial aid organization. Reuters reported that the initial $1.1 trillion funding plan in Congress did not include funding the IMF. The Obama administration has pushed Congress to […]

Continue Reading

Serbia, not Turkey, will receive IMF Economic Aid

WASHINGTON — Serbia, which is heavily favored to join the beleaguered European Union (EU), received a go-ahead push by the International Monetary Fund (IMF) as the Europeans ignored Turkey’s application for membership another year in a row. Reuters reported that the IMF said that it could immediately support Serbia with a financial package to help […]

Continue Reading

Spain on Brink of Economic Collapse, says IMF

WASHINGTON — Spanish economic woes are not stopping anytime soon, says the International Monetary Fund (IMF). Reuters reports that the prolonged economic recession could force banks to cut lending even more. Without more lending, it will be hard for borrowers to find ways to have enough capital to create projects and conduct business. The IMF said […]

Continue Reading

Egypt’s Islamist leader Morsi condemns “enemies of Egypt”

WASHINGTON — Egyptian President and leader of the Islamist Muslim Brotherhood, Mohammed Morsi, spoke to his beleaguered country last Wednesday. Reuters reports that in his speech, Morsi offered few apologies but went on his usual tirade against unspecified “enemies of Egypt”. Little did he mention how his current policies continue to drag the Egyptian economy […]

Continue Reading

January 2014

1/17/2014 - Congress refuses to fund the IMF; Reuters panics

October 2013

10/9/2013 - Serbia, not Turkey, will receive IMF Economic Aid

July 2013

7/16/2013 - Spain on Brink of Economic Collapse, says IMF

7/3/2013 - Egypt’s Morsi rebuffs army’s 48-hour ultimatum as ministers resign in droves

7/1/2013 - Egypt’s Islamist leader Morsi condemns “enemies of Egypt”