IMF meets in hostile territory of Latin America

[Judi Lynn]

IMF meets in hostile territory of Latin America
By Jeremy Tordjman (AFP) 5 hours ago.

The International Monetary Fund faces a chilly reception as it meets this week in Latin America, the region that has been most hostile toward its policy prescriptions.

There is loaded history lingering in the air in Peru as IMF Managing Director Christine Lagarde and her team jet into Lima for the annual meetings of the IMF and World Bank from Friday to Sunday.

Many Latin Americans, including some key leaders, harbor bitterness over the medicine the Washington-based Fund has prescribed for the region's economic woes since the 1960s.

In a part of the world long resent of being seen as America's back yard, the IMF and World Bank's loans and accompanying fiscal policy prescriptions -- commonly derided as the "Washington consensus" -- are often criticized as just another way for the US to maintain its dominance over the hemisphere.

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[TexasTowelie]

1. Any chance that IMF can be charged with their crimes against humanity?

[SamKnause]

2. WTF !!!!

Haven't those criminals done enough damage on this planet ???

They are the kings and queens of criminal cartels.

I hope Latin America is never forced to deal with the criminals again !!!!!!!!!!