World News

38553 readers

2795 users here now

A community for discussing events around the World

Rules:

Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]

Recommendations

How to spot Misinformation and Propaganda

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Consider including the article’s mediabiasfactcheck.com/ link

founded 1 year ago

MODERATORS

[email protected]

IMF plan to visit Russia to assess economy prompts dismay across Europe (www.theguardian.com)

submitted 5 days ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

The International Monetary Fund (IMF) will send staff to Moscow next week to review the Russian economy for the first time since the invasion of Ukraine, in a move that has prompted anger and dismay across European capitals.

Officials of the Washington-based organisation will travel to the Russian capital and meet “stakeholders” before publishing an assessment of the economy and providing recommendations about how the Kremlin might improve its economic handling and tackle issues such as the climate crisis.

The IMF said it was a “mutual obligation” to carry out an article IV review of a member country and the process was only suspended because of the volatility of economic data. The situation in Russia was now “more settled”.

On Friday, nine European countries protested against the IMF’s plans, saying it would damage the reputation of the Washington-based fund to resume dialogue with a country that had invaded another.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 20 points 5 days ago (1 children)

“What recommendations does the IMF want to give Russia at the end of the consultation? How to better run a war economy?” one senior eurozone official told Reuters.

Tim Ash, a Russia analyst at the foreign affairs thinktank Chatham House, said in a blogpost: “Clearly while article IV reviews are about surveillance they are also about providing policy advice to countries as to where they are going wrong and trying to provide advice as how to improve their economic outturns.

“Inevitably therefore IMF officials, in making the trip to Moscow, will be helping Russia improve its economy and by so doing will be leaving themselves open to being accused of helping Russia in the conduct of the war against Ukraine.”

Robin Brooks, a senior fellow at the Brookings Institution in Washington, said: “A basic requirement for IMF membership is data transparency, which Russia clearly no longer satisfies on a number of fronts.

“Russia has stopped publishing lots of data and there are questions around whether the data it continues to publish are accurate.”

Brooks said the Kremlin was publishing trade figures that showed low income from oil produced in the Urals, even though the price of Russian oil has remained “quite elevated”. It meant the current account, which measures the net effect of trade and financial flows, would disguise the size of Russia’s war chest.

“Russia should be suspended from the IMF while these data questions persist,” he said.

[–] [email protected] 8 points 5 days ago (1 children)

I mean, the IMF could simply recommend peace as an economic fix

[–] [email protected] 7 points 5 days ago

Sure, but the bigger issue, as noted from the quotes in my comment, is how can the IMF even do a real evaluation when Russia is almost certainly lying about its economic and trade figures? If the IMF does try to make a statement taking a definitive stance on Russia's current economy, then we'll all know the IMF is agreeing to push Russia's bullshit.