international monetary fund
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'He’s respected on both sides of the aisle': Maryland professor Phillip L. Swagel named CBO director
University of Maryland professor Phillip L. Swagel has been named director of the Congressional Budget Office. - Senate and House budget leaders have chosen Phillip L. Swagel of the University of Maryland as the next director of the Congressional Budget Office.
- The obituary about Lyndon LaRouche was not accurate and painted him in too positive of a light.
- What changes when a country — such as the Philippines — devotes itself to servicing the businesses of other countries?
- The former CEO and co-chief investment officer of PIMCO has joined Under Armour's board of directors, the Baltimore athletic apparel brand announced.
- The Sun's Friday 'alternative fact' feature is mostly liberal spin.
- The U.S. is in an intelligence alliance with the U.K., whose exit from the E.U. is sure to compromise its access to information, says Rachel Marsden.
- The new year got off to an inauspicious start on Wall Street as stocks tumbled Monday in a global sell-off triggered by new fears of a slowdown in China and rising tensions in the Middle East.
- The racial troubles at the University of Missouri that spilled over onto other college campuses brought with them a disturbing element — the denial of free speech. The well-meaning minority students, who appeared to have a valid case, violated long-held standards of civility and acceptability when they didn't allow others to also speak; to transform their haranguing monologues into a shared dialogue. In one instance they clashed with a journalist from ESPN. As he argued his First Amendment
- nation's extreme interest to lower the taxes on U.S. business to levels that are below other nations and eliminate the reason for inversions, and stop all taxation on foreign generated profits to allow a free flow of funds back to the U.S.
- In so many ways, the 21st Century has been a time of erosion of so much that once made America the storied "shining city on a hill" — from terrorism to mass shootings to fading democracy and living standards.
- China's decision last week to devalue its currency could hurt businesses in Maryland, experts say, especially if the Chinese yuan continues to weaken.
- Baltimore's Greek community is watching closely as Greece grapples with complex and controversial decisions that could lead it to drop the euro.
- Mayor Stephanie Rawlings-Blake on Tuesday defended her handling of the recent rioting in Baltimore, arguing that more aggressive police or military tactics could have escalated the violence.
- When China rolled out the Asian Infrastructure Investment Bank last October, the stiff resistance from the U.S. (as well as Japan) took the world by surprise. The U.S. objections to AIIB concern its possible failure to meet governance, environmental and labor standards. Those objections seem a bit hollow and unconvincing for a number of reasons.
- By electing Syriza leader Alexis Tsipras to be premier, Greeks voted last week to end the draconian economic measures imposed by Germany and other international lenders. After the dust settles, German Chancellor Angela Merkel will either backpedal on the austerity imposed on Athens or accept Greece's exit from the euro.
- As Lievinne Mongu listened to the speakers at her naturalization ceremony on Friday, she reflected on her 14-year journey, from fear in the war-torn Democratic Republic of the Congo to asylum in the United States, a home in Silver Spring and a job with the International Monetary Fund in Washington.
- For a growing number of people in academia, the upcoming commencement ceremony offers the chance to engage in mini-inquisitions of selected keynote speakers — including, this year, former Secretary of State Condoleezza Rice and International Monetary Fund (IMF) head Christine Lagarde. While not as bloody as grand inquisitions, academic inquisitions are otherwise quite similar. Their leaders are as unwavering in their convictions and self-righteousness.
- Like investors who sparked the financial crisis, Republicans in Congress have overplayed their position and put the nation at risk.
- Contrary to conventional wisdom, there is no trade off between addressing inequality and promoting economic growth.
- Mitt Romney can make the case that he will do a better job running the economy if he can show how he will deal with unfair competition from China.
- Canada and China are refusing to get on the bailout bandwagon
- The growing export market in Baltimore, and in the nation, points the way for sustained job creation.
- The New York hotel maid who says she was sexually assaulted by Dominique Strauss-Kahn, former chief of the International Monetory Fund, has broken her silence in an interview with ABC's Robin Roberts that will air Monday on "Good Morning America."
- The treatment of Dominique Strauss-Kahn has raised questions about the tradition of parading defendants before the media but the alternative of secrecy is worse
- Harsh cuts, short time frame for progress could lead to backlash with serious consequences for EU's future