The head of the International Monetary Fund, Dominique Strauss-Kahn, said Tuesday that the hard-won income gains in Sub-Saharan Africa during the past decade could be wiped out by the still unfolding global financial crisis. In a new study, the IMF...
The Managing Director of the International Monetary Fund, Dominique Strauss-Kahn, warns that the world economy will further decline this year. Strauss-Kahn says Germany's biggest stimulus package since World War II offers some hope, although he caut...
In their annual meeting in Singapore with the World Bank, the International Monetary Fund has voted to give increased voting shares to China, South Korea, Mexico, and Turkey. Some countries, including India, Argentina, Egypt, and Brazil, said that t...
Tensions mounted in Singapore as members of the International Monetary Fund and the World Bank gathered for their annual meeting. Representatives of about 500 Non-Governmental Organizations (NGOs) were given credentials to attend, but the Singapore...
By Daniel Schearf Singapore 20 September 2006 World Bank President Paul Wolfowitz speaks during annual meetings in Singapore The annual meeting of the World Bank andInternational Monetary Fund has ended after two days of discussions in Singapore, wi...
By Daniel Schearf Singapore 19 September 2006 The first day of the annual meetings of the World Bank and International Monetary Fund have ended in Singapore. Leaders of the two organizations expressed concern that high oil prices, global trade imbal...
By Daniel Schearf Singapore 18 September 2006 The World Bank and the International Monetary Fund open their annual meetings in Singapore Tuesday. At the top of the agenda for two days of talks among the world's finance ministers are debt relief and...
By Barry Newhouse Washington 23 April 2006 Top officials of the International Monetary Fund say the organization must reform to be able to respond more quickly to crises in the changing global economy...
By David McAlary Washington 13 March 2006 The International Monetary Fund says a global bird flu pandemic is likely to hurt the world's economy significantly if it is severe. But it predicts that the...
By Tendai Maphosa Harare 16 February 2006 Security forces detain a group after Valentine's day march aimed at advocating for affordable food and social justice in Zimbabwe Zimbabwe has settled its arr...