Updates from the Managing Director

  DPR_Esdar 1

The lag between the Global Crisis and IMF Response is widening, as worries of a collapse heighten.  Directors have now made the voting system more favourable to poorer nations. However, this does not take into account the fact that poorer nations might not be able to provide for the funds to keep liquidity within the IMF. Countries might be better off solving the issue at hand before focusing on IMF payments for now. With little press releases providing outsiders information, citizens are worried that the IMF might not be able to provide sufficient support to keep the global economy running.  May our brains not rot in these times of stress. 

[LOIMOU] Phomvihane 1  

  [LOIMOU] Khin Maung Thein 1

Countries have taken a turn for collaboration in these times of Uncertainty  A general review of Quotas has begun within the IMF to bring faster action and greater collaboration in these times of uncertainty. Reports have it such that they have introduced a review that proposes all countries to have the same weightage when voting in the IMF.  May your Yogurt always be fresh and probiotic-full!  https://docs.google.com/spreadsheets/d/19dRCEm_1ft1Uc-9E1L9vv9lswEKUad-q8HMgUAlp2GI/edit?usp=sharing

An underground network of Rigs that stretched across the entirety of Latin America have been uncovered As countries grow wary of an unstable word order, they have started to increase intelligence operations across the globe. Under these efforts, the United States has now discsovered an underground rig that cleans its money in Argentina, with them cracking down on all imports that go to Argentina via the United States immediately. As allies of the West come together via NATO and bilateral relations to collectively to crack down on Latin American trade, Latin America faces a great challenge in its upcoming days.  All in all, as stock markets recoil, Asia remains in turmoil and now Latin America comes under pressure, we are approaching a drastic change in the financial system as we know it. Tensions have reached new highs, with a new kind of collaboration required for a rekindling of economic growth...

  As expected, market reaction to the shocking attacks earlier last week have  not been pleasant. September 8th, 1998 European financial markets suffered their sharpest five-day losses in over 3 decades on Monday, following  a devastating terrorist attack that brought down the Eiffel Tower in central Paris, killing hundreds and  wounding even more. The symbolic heart of the French capital was reduced to rubble in what officials have called “an unprecedented act of war on French soil.”   The CAC 40 index plunged 9.3%, wiping out over USD120 billion in market value. London’s FTSE 100 fell  5.7%, and Frankfurt’s DAX lost 6.2%, as shockwaves rippled through European equities. Bond yields  surged amid a flight to safety, and the euro dropped sharply against the dollar and yen.   U.S. markets, closed at the time of the attack, are expected to open sharply lower Tuesday. Futures on the  S&P 500 were down 4% in after-hours trading, while gol...

Continuous French involvement has stoked the fires of rage in nationalist  terrorist groups across Asia. September 1st, 1998 Having endured consistent French interference, and frequent involvement in a variety of lending facilities  to the these Asian countries, a variety of terrorist organisations in the Asian region have executed a series of  terrorist attacks on the Isle-de-France province in France. Hanchongryun in South Korea along with Aum  Shinrikyo in Japan have been enraged by the tough conditionality laced within these toxic lending  \arrangements, while Jemaah Islamiyah in Indonesia contrarily have been furious over a lack of support  and seeming apathy towards Indonesian survival without mass concessions of sovereignty. The lack of IMF action over the past year, with only 2 lending arrangement having been passed, has not helped in dissuading such attacks either; as economic pressures pushing people towards radicalism. Over the past few days...