IMF Secures Windfall Gold Sales Profits for Concessional Lending to Low-Income Nations (tags)
On October 10, 2013, the International Monetary Fund announced that member countries have approved their commitment to fund the Poverty Reduction and Growth Trust (PRGT) for concessional lending. Financing comes from windfall profits made from the IMF selling part of their gold reserves that currently totals $3.4 billion. Currently, the IMF provides zero-interest financing to low-income nations through this fund.
BTL:ExxposeExxon Campaign Works to Inform Public About... (tags)
...Oil Giant's Windfall Profits and Environmental Policies ~ Interview with Dave Hamilton, of the Sierra Club, conducted by Between the Lines' Melinda Tuhus
Breaking the grip of Big Oil (tags)
The day after President Bush advised Americans to deal with skyrocketing gas prices by avoiding unnecessary driving, he flew to New Orleans for a photo-op, burning up about 11,437 gallons of jet fuel, worth over $24,000. Apparently, it all depends on what you consider “necessary.”