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Ukraine gets its Mafia-type loan

The International Monetary Fund has approved a US$17 billion loan to Ukraine. The first $3.2 billion tranche arrived on Wednesday. It’s essential to identify the conditions attached to this Mafia-style “loan”. Nothing remotely similar to reviving the Ukrainian economy is in play. The scheme is inextricably linked to the IMF’’s notorious, one-size-fits-all “structural adjustment” policy, […]