Debt Relief Plan Eludes IMF Group
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Rich nations failed to agree at meetings this weekend on a plan for canceling the debts the world&#39;s poorest countries owe to the World Bank and International Monetary Fund.
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WASHINGTON - Finance officials failed to resolve their differences over debt relief for the world's poorest countries and Iraq while expressing concern about the impact high oil prices would have on a strengthening global economy.    The ministers and central bank governors attended weekend steering committee meetings of the International Monetary Fund and the World Bank before heading into a session involving all 184 member nations of the two lending organizations on Sunday, the final day of talks...
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One of the biggest reasons that very poor countries can&#39;t provide decent education and health care is that they are stuck in a cycle of debt owed to the International Monetary Fund, the World Bank and regional development banks, much of it dating to the
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The price of gold falls after the IMF said it will look at ways of using its gold reserves to provide debt relief for poor nations.
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Business & money: Sovereign funds deny political motivations, as US deputy treasury chief calls for vigilance
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Senior finance officials have hailed a robust global economic recovery, albeit one threatened by surging oil prices, but made little headway pushing China toward currency reform and took no firm steps to ease the debt of the world's poorest nations.
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Britain said on Thursday there were no  plans for an emergency meeting of the Group of Eight rich  countries to discuss relief aid for nations hit by tsunamis,  pouring cold water on an Italian proposal.
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WASHINGTON Oct. 3, 2004 - Finance officials failed to resolve their differences over debt relief for the world&#39;s poorest countries and Iraq while expressing concern about the impact high oil prices would have on a strengthening global economy.
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The head of the International Monetary Fund says markets cannot solve the problem of the sliding dollar without intervention.
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LONDON, Feb 2 (IPS) - Bold new proposals for debt relief for the poorest  countries will be put to the test at the G7 finance ministers  summit in London this weekend.
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An outright credit squeeze has not arrived in Europe, but some bankers there are finding it trickier to navigate the global credit crisis.
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The Group of 20 finance chiefs have shunned action to halt the dollar slide, leaving Europe isolated at the end of a forum here and facing an almost certain further strengthening of the euro.
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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 United States and its major economic allies struggled yesterday to resolve deep differences over how best to relieve the heavy debt burden for Iraq and the world&#39;s poorest countries.
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The International Monetary Fund's  top policy-making group on Saturday failed to close divisions  over debt relief for the world's poorest countries.
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The annual meeting of World Bank and IMF failed to arrive at a consensus in giving more powers to developing countries in decision-making besides increasing aid flow for reducing poverty.
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Finance officials failed to resolve their differences over debt relief for the worldâs poorest countries and Iraq while expressing concern about the impact high oil prices would have on a strengthening global economy.