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The Economist magazine recently posed the question as to whether the former head of the IMF would have faced the same prosecution in Paris or Rome. If an African immigrant hotel maid came to the police in these capitals and made stunning allegations of.
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When World Bank president, Paul Wolfowitz, hired his lover and paid her thousands of dollars, many thought it was an extension of World Bank’s poverty alleviation....
made popular May 16 2011
Greece’s international lenders have agreed the latest installment of a loan to the debt-stricken country, but say Greece must make “an extra effort”...
made popular Nov 23 2010
The International Monetary Fund (IMF) has approved the immediate release of $451 million as financial aid for helping recovery from its recent flood disaster.
made popular Sep 16 2010
The International Monetary Fund (IMF) has warned Pakistan of the potential expiration of a deal that can cost the country a good $11.3 billion approved for a rescue...
made popular Jul 21 2010
Asia’s global recovery from the global crises continued in the first half of 2010.
China and India are the lead engines. These two countries will lead the world to...
made popular Jul 12 2010
The challenges facing the Greek economy and the ensuing intervention from the International Monetary Fund (IMF) to help withstand further damages from the fall-out look...
made popular May 18 2010
The German cabinet has backed legislation to give billions in aid to Greece as part of an EU bailout, officials have said.
However, though Chancellor Angela...
made popular May 4 2010
Zuma’s not having a good time of it, is he? First of all he asked the English Prime Minister to lift targeted sanctions on Mugabe and his goons and was refused....
made popular Mar 12 2010
Aid payment worth $1.2 billion for Pakistan has been approved by the International Monetary Fund (IMF). The decision came after the IMF finalized reviewing Pakistan’s...
made popular Dec 28 2009
Protesters smashed shop and bank windows, attacked a police vehicle and hurled stones and fire bombs at police in a second day of protests Wednesday against the...
made popular Oct 7 2009
Thomas Friedman recently told us that the world is flat. He of course was referencing the technological advances that have brought the entire world to our fingertips...
made popular Mar 4 2009
The IMF is urging the international community not to let the current focus on the global financial crisis result in a decline in aid to the world’s most...
made popular Nov 29 2008
The International Monetary Fund has approved a $7.6 billion loan to Pakistan to help the South Asian country of 170 million people avoid an economic collapse.
The...
made popular Nov 26 2008
The truth is not a shortsightedness like that. Hungary’s Finance Minister János Veres is in China conducting negotiations about a two-piece project worth USD 200...
made popular Nov 1 2008
The International Monetary Fund (IMF) has asked Pakistan’s government to bring down its military spending by as much as one-third of the current military budget so as...
made popular Oct 28 2008
So what we now have is non-functional government in the face of a major crisis, because Congress includes a quorum of crazies and nobody trusts the White House an...
made popular Sep 30 2008
The International Monetary Fund (IMF) has raised its global economic forecast after the impact of a credit crunch was not as severe as had been first feared.
made popular Jul 19 2008
Takatoshi Kato, IMF deputy managing director, cautions about effects of climate change on especially the warmest areas of the globe. Uganda is one of the countries...
made popular Jun 29 2008
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Rice prices have shot up 75 per cent in the past two months alone to reach historic highs. The cost of wheat has climbed by 120 per cent over the past year, more than...
made popular Apr 14 2008
Last spring the IMF said the world economy was under control; now it faces the reality of the crunch. Heather Stewart and Larry Elliott report from Washington on an...
made popular Apr 14 2008
The G7 group of most industrialised nations has approved a plan aimed at easing the continuing crisis in the global credit markets.
Including calls for more oversight...
made popular Apr 14 2008
The world is on course to halve extreme poverty by 2015, but Africa will fall far short of the UN’s Millennium Development Goals, the World Bank and International...
made popular Apr 12 2008
Canada is in much better financial shape than its industrialized counterparts but more could be done to shore up Canada’s economy and protect Canadian investors, said...
made popular Apr 12 2008
Alistair Darling is standing by his UK growth forecasts for 2008, despite signs that a crippling downturn could be around the corner for the global economy.
Even...
made popular Apr 9 2008
Tackling the credit crunch requires government intervention at a global level, the head of the International Monetary Fund (IMF) has said.
The need for public...
made popular Apr 8 2008
The intensifying credit crunch is so severe that lower interest rates alone will not be enough “to get out of the turmoil we are in”, Dominique Strauss-Kahn, the...
made popular Jan 28 2008
Years of threats and bluster over the operations of U.S. and European oil companies in Venezuela comes to an end as Hugo Chavez’s nationalization drive took over...
made popular May 3 2007
Venezuela will bid adieu to its membership in the IMF and World Bank, Venezuelan President Hugo Chavez announced on Monday. In a speech delivered at an event to...
made popular May 1 2007
The hullabaloo surrounding Paul Wolfowitz, President World Bank, accused of orchestrating out of the way $60,000 pay raise for his girlfriend has raised questions...
made popular Apr 24 2007
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