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A police detective alleges that former Washington Police Chief Charles Ramsey, despite past denials, ordered mass arrests of hundreds of demonstrators who were protesting annual meetings of the World Bank and International Monetary Fund in 2002.
The chief of the International Monetary Fund said Tuesday that Beijing should let its currency rise as a stronger yuan would help China's development and ease global imbalances.
The International Monetary Fund has sold 200 metric tons of gold worth $6.7 billion to India's central bank as part of an effort to shore up IMF finances and increase low-cost lending to developing countries.
Gold prices surged to a new high Tuesday on news that India's central bank bought $6.7 billion worth of gold from the International Monetary Fund.
Senegal's president said Tuesday that he hosted a special dinner at his palace for a departing International Monetary Fund representative — only to have a top aide erroneously send him off with nearly $200,000 in cash as a goodbye gift.
The International Monetary Fund is facing key political crunch points in its dealings across Eastern Europe even though it has done much to lose its previous reputation as an advocate of austerity.
The Middle East has weathered the global economic downturn better than other parts of the world because its energy exporters were able to tap billions of dollars in oil profits collected when prices were booming, the International Monetary Fund said Sunday.
Turkish police used water cannons, tear gas and pepper spray on Tuesday to disperse hundreds of demonstrators protesting against the annual meetings of the International Monetary Fund and World Bank held in Istanbul.
A key panel of the International Monetary Fund said Sunday that it supports giving more voting power to emerging market and developing countries, warning that the legitimacy of the institution was at stake.
The World Bank needs to become more efficient in how it uses its resources and give more say to developing economies, several member states, including major donors the U.S. and Britain, said Monday.
The International Monetary Fund is considering how the world's banks can pay more to help insure the financial system from another crisis and possibly assist poorer countries in the battle against climate change.
The U.S economy will be growing again by year end, but tight credit conditions for consumers and businesses will hamper the recovery, the International Monetary Fund said Thursday as it raised its forecast for growth next year to 1.5 percent from 0.8 percent.
Protesters hurled firebombs at banks and police and smashed shop windows in a second day of protests Wednesday against the International Monetary Fund.
The International Monetary Fund said the global economy is recovering faster than expected — but that governments should not be hasty in withdrawing the added spending and low interest rates that have helped restore growth.
World markets retreated Friday as weaker-than-expected reports about U.S. jobs and manufacturing deepened fears of an anemic recovery in the world's largest economy.
Beijing is pressing for a bigger voice in the International Monetary Fund and says Group of 20 leaders at their Pittsburgh summit should start making good on promises to give developing countries more IMF votes.
The International Monetary Fund approved on Friday the sale of a limited amount of its gold to help provide loans to poor countries and shore up its finances.
Serbia will have to lay off about one-fifth of its government employees — 14,000 people — to meet conditions set by the International Monetary Fund to receive more financial aid, the country's finance minister said Monday.
The global economic crisis isn't over yet, despite positive signals from Europe's biggest economies, the head of the International Monetary Fund warned in comments published Saturday.
China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's lending ability and diversify Beijing's foreign holdings.
A judge says he's shocked by how attorneys for the District of Columbia have handled evidence in lawsuits from hundreds of protesters arrested during a demonstration at the International Monetary Fund and World Bank.
The International Monetary Fund said Wednesday it will sharply increase funds it lends to low income countries to help them deal with the global financial crisis.
The International Monetary Fund has given final approval for a $2.6 billion loan for Sri Lanka despite calls from human rights groups that the island nation should first address concerns over its human rights record.
The International Monetary Fund is welcoming China's progress in letting the market determine the value of its currency, the yuan, but says some countries believe it remains "substantially undervalued."
The West Bank economy could post its strongest performance in years in 2009, but only if Israel broadens recent efforts to ease restrictions on Palestinian trade and movement, the International Monetary Fund said Wednesday, offering a rare upbeat assessment after years of downturn.
Britain's Channcellor, Alistair Darling, backs Gordon Brown's 'Tobin tax' despite cold shoulder from US | Business | guardian.co.uk Alistair Darling pledged today that the government would step up its fight for a new international tax on banking despite an initially frosty response to the plan from Washington.
IMF, EU leaders praise Pakistan's economic performanceWASHINGTON: Finance and Economic Affairs Adviser Shaukat Tareen met with top IMF leaders and ministers of major European powers here Saturday, who commended Pakistan's achievements in a short span of time and assured of their continued support for the country.
Europe pushes curbs on bankers' bonusesTop finance officials have debated the next steps for the recovering global economy, with European countries pushing for a crackdown on bankers' bonuses.
Signs of Hope Emerge in the West Bank NABLUS, West Bank — The first movie theater to operate in this Palestinian city in two decades opened its doors in late June. Palestinian policemen standing beneath new traffic lights are checking cars for seat belt violations.
Democracy hangs by a thread in HondurasThe right-wing coup d'état is faltering, but its supporters have powerful friends in Washington. Hugh O'Shaughnessy reports
Global finance ignores world's poor - unemployment expected to reach 50 million, with most job loss in developing worldAs government officials from around the world descend on New York this week for a UN conference on the economic crisis and its impact on development, the main issue up for debate is how the poorest countries can influence the way the International Monetary Fund (IMF) and the Worl …
Africa: The Lost ContinentHome to one-sixth of the world's people, but contributing only one-fortieth of world GDP, Africa is the most conspicuous victim of the global recession. After a half-decade of 5 per cent growth, the continent's growth rate is expected to halve in 2009.
$106 billion war-spending bill goes to ObamaCongress sends President Barack Obama a massive spending bill aimed at ensuring that the military efforts in Iraq and Afghanistan won't run out of money in the coming months.
Robert Gates And Hillary To GOP Leaders: You're Putting Our Security At RiskWow. Robert Gates and Hillary Clinton are now thrusting themselves into the raging fight over the White House's request for Congressional cash for the International Monetary Fund, demanding in a letter that GOP leaders back the funding or put our security at risk.
Bilderberg Group orders destruction of US Dollar? « Who's all ready to go?After the deliberate collapsing of the US Dollar, these reports continue, the Bilderberg 'plan' for the Global economy rests on what are called Special Drawing Rights issued by the Western controlled International Monetary Fund, and which the Telegraph News Service succinctly …
US Foreign Debt jumps to 35% of GDPOn April 21, the International Monetary Fund (IMF) projected (see the World Economic Outlook, pp. 36-37) that the US foreign debt will increase from about 4.5% of world GDP in 2007 to about 9% in 2009.
Reserve ReformBoth China and the United Nations Commission on Reforms of the International Monetary and Financial System have called for a new global reserve system. That issue should be at the top of the agenda when the IMF's International Monetary and Financial Committee next meet.
The IMF's Gold GambitThe International Monetary Fund (IMF) deserves credit, figuratively speaking, for cleverly manipulating the financial troubles of emerging and low-income nations to procure a fresh infusion of capital for itself.
I.M.F. Planning to Sell Bonds to Finance New Loans - NYTimes.comHoping to raise money quickly for a new $500 billion emergency loan program, the International Monetary Fund is in the advanced stages of a plan to sell bonds for the first time in its history, officials for the group said Saturday.
Running Rings Around the E.U.China's performance at the recent G-20 summit meeting once again showed its skill at running diplomatic rings around Europe.
G-20 Pact Has New Rules and $1.1 Trillion for Loans and Trade - NYTimes.comStruggling to bridge deep divides over how to revive a paralyzed global economy, the leaders of the world's largest economies agreed Thursday to bail out developing countries, stimulate world trade and regulate financial firms more stringently.
Held Hostage by Weak Dollar: China Looks For Financial Freedom at G-20 China is usually content to keep in the background at diplomatic events. But, ahead of this week's G-20 summit in London, Beijing has been offering ideas for a radical shake up of the international financial system.
Special Alert: U.S. Currency Exchange Controls Could President Obama and Treasury Secretary Geithner suddenly impose currency exchange controls on the United States and the U.S. dollar? This report will explore this notion and its possible consequences.
Russia backs return to Gold Standard to solve financial crisis. By Ambrose Evans-Pritchard. 8:23AM BST 30 March, 2009Arkady Dvorkevich, the Kremlin's chief economic adviser, said Russia would favour the inclusion of gold bullion in the basket-weighting of a new world currency based on Special Drawing Rights issued by the International Monetary Fund.
Struggle Over I.M.F. Becomes Focus as Crisis Summit NearsBarely six months ago, the International Monetary Fund emerged from years of declining relevance, hurriedly cobbling together emergency loans for countries from Iceland to Pakistan, as the first wave of the financial crisis hit.
U.S. to Detail Plan to Rein In Finance WorldThe Treasury secretary, Timothy F. Geithner, will outline the broad revamping of the regulatory system, which goes further than expected, in a hearing on Thursday.
China proposes replacing the US dollarChina's central bank governor has issued a bold proposal to overhaul the global monetary system and one day replace the dollar as the world's main reserve currency with the International Monetary Fund's (IMF) Special Drawing Right
US Details Toxic Asset ProgrammeThe US has announced details of a plan to buy up to $1 trillion (£686bn) worth of toxic assets to help repair banks' balance sheets. More Articles
Brown Looks to US: Seize the Moment to Tackle World CrisisGordon Brown yesterday invoked the spirit of American optimism as he challenged Congress to let Barack Obama lead the world away from self-defeating protectionism and the perils of irreversible climate change.
Britain Cuts Key Rate to Lowest Point Since 1694The British central bank cut the rate by half a percentage point to its lowest level since the bank's creation in 1694.
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