Groups mull boycott of IMF, World Bank
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Non-governmental organizations are discussing a boycott of the IMF and World Bank meetings in Singapore to protest the city-state's hardline stand against activists, organizers have said.
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Playing down a funding row with   Britain, World Bank President Paul Wolfowitz defended his   controversial anti-corruption campaign on Friday, saying the   bank could not tolerate misuse of its funds to poor countries.
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The British government threatened Thursday to withhold a $94 million contribution to the World Bank to protest the conditions the bank places on aid to poor countries.
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Turmoil in global credit and money markets will likely continue as investors worry about the size of financial losses and where they might appear, the International Monetary Fund warned on Monday.
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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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World Bank president Paul D. WolfowitzÂs fight against corruption in poor countries has drawn criticism for its aggressive approach.
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Media & professional: Academics and students hit back at lecturers' support for a boycott of Israeli institutions.
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Singapore has drawn sharp criticism   from the World Bank chief and non-governmental groups after it   banned about 20 activists from entering the country for next   week's IMF-World Bank meetings.
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Israeli groups are planning to launch a counter-boycott of Britain in response to a series of boycotts proposed by British unions and associations.
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The United Nations and the World Bank joined forces Monday to try to recover billions of dollars stolen from the coffers of developing countries every year by corrupt leaders and officials.
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The most jam-packed event at this   year's International Monetary Fund-World Bank meeting in   Singapore could end up being an indoor protest.
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Debt campaigners attending this weekâs annual meeting of the World Bank and the International Monetary Fund (IMF) have expressed disappointment and outrage over the failure of the
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A siege mentality prevails at a World Bank unit that investigates allegations of misconduct and corruption in bank-financed projects, an independent panel says. It recommends the group reach out to other departments and outside advisers to deal with its problems.
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Squabbling over voting clout soured   the International Monetary Fund's annual meeting on Sunday as   countries lined up to find fault with a plan crafted to reflect   a shifting balance of power in the world economy.
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Â· Conditional support excludes right to vetoÂ· PM also calls for reform of World Bank and IMF
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Nearly a decade ago, the International Monetary Fund drew rebukes for prescribing drastic reforms during the Asian economic crisis that erupted in 1997. Today, the IMF is again battling controversy, with some saying its efforts to give more say to emerging economies are not enough.
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Save for the promise of a new plan by the year-end to resolve the long-pending issue of debt relief to poor countries, the International Monetary Fund-World Bank annual meetings have ended without any consensus on critical issues.