Finance chiefs inch toward IMF vote agreement
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Global finance chiefs on Saturday made progress on reforms that would give emerging economies a greater say in the International Monetary Fund and expressed confidence they could seal a deal next year.
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The world&#39;s major economic powers were far apart Saturday on agreeing how to provide debt relief for Iraq and the poorest nations, as finance officials began broader discussions about the global economy.
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A meeting of finance ministers and central bankers from the world&#39;s wealthy nations with Chinese counterparts on Oct. 1 will be a key opportunity to discuss
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Facing a global economy on the mend but threatened by surging oil prices and other factors, IMF and World Bank policymakers opened two days of meetings Saturday to discuss ways to keep the recovery on track.
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Global finance chiefs sought a way  on Friday to put pressure on China to let its currency rise in  value to ease global trade imbalances and also aimed to craft a  message to soothe turbulent financial markets.
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Global finance chiefs sought a way on Friday to put pressure on China to let its currency rise in value to ease global trade imbalances and also aimed to craft a message to soothe turbulent financial markets.
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Pressure mounted on Sunday on a  clutch of mainly developing countries to sign off on debt  relief for Liberia held up over how to finance the  International Monetary Fund's portion of the deal.
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Finance leaders from the world's richest nations pledged on Saturday to work together to stabilize world financial markets shaken by the U.S. housing debacle that is puncturing global economic growth.
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Top finance officials of the Group of Seven industrial powers opened talks in Washington, expected to focus on issues such as oil prices, China's currency, Iraq and the debt crisis of the world's poorest countries.
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Group of Seven finance officials are likely to press this weekend for greater currency flexibility in Asia, but analysts doubt China will be singled out to any greater degree than it was in the last meeting.
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Britain will be seeking approval from the United States for its grand plan to help alleviate poverty in Africa when finance ministers from the Group of Seven industrialised nations convene here Friday and ...
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The International Monetary Fund&#39;s top policy-making group on Saturday failed to close divisions over debt relief for the world&#39;s poorest countries.
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The annual meetings of the World Bank and the International Monetary Fund (IMF) in Washington later this week should be anything but routine.
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Finance leaders from the world's richest  nations pledged on Saturday to work together to stabilize world  financial markets shaken by the U.S. housing debacle that is  puncturing global economic growth.
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By Sabyasachi Mitra and Natsuko Waki LONDON  - Finance chiefs from the biggestdeveloping economies on Saturday pushed the Group of Seven (G7)industrialized nations for a seat at the high table of globaleconomic policy making.
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Poverty in Africa, global economic growth and revaluation of China's currency were the issues expected to dominate a two-day meeting of top G7 finance ministers.
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WASHINGTON - The world's major economic powers were far apart Saturday on agreeing how to provide debt relief for Iraq and the poorest nations, as finance officials began broader discussions about the global economy.    Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan led the U.S...