Fund looks at debt relief plan
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The International Monetary Fund agreed to keep studying the possibility of revaluing its gold reserves as a way to raise money for debt-relief programs, Britain&#39;s Chancellor of the Exchequer, Gordon Brown, said.
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The International Monetary Fund will  look into using its huge gold reserves to help finance debt  relief for the world's poorest countries on the urging of the  Group of Seven rich nations, ministers said on Saturday.
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Gordon Brown will this week be urged to intervene on behalf of Argentina at the International Monetary Fund and write off much of the embattled country&#39;s $100 billion-worth of debts.
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The International Monetary Fund appears to be unable to agree on a debt relief plan for the world's poorest nations.
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Key economic data from the United States this week may seal the case for the first cut in the federal funds rate in more than four years, which would help ease investor concerns about a fallout from the subprime crisis.
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Iraq cleared around $81 million in  debt it owed the International Monetary Fund late last week,  fund sources said on Monday, opening the way for the first aid  to flow from the global lender to Iraq.
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Give your fund portfolio a head-to-toe evaluation.
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The number of people seeking assistance on how to manage their debts has hit record levels, a charity warned Monday.
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Banks will be now able to borrow additional funds from the Bank of England in a move aimed at reducing the "credit squeeze".
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A popular financial portal has its say.
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With funds as with stocks, look for inside help.
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A US Treasury Department spokesman on Monday gave a positive, though muted, reception to a British proposal to ease the debt of heavily indebted poor countries, which was unveiled over the weekend.
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It's important to have an emergency fund, but it's also important to know where to put it.
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The International Monetary Fund will look into using its huge gold reserves to help finance debt relief for the world's poorest countries on the urging of the Group of Seven rich nations, ministers said on Saturday.
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Lots of debt could mean tough times ahead.
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An IMF team is in Zimbabwe as it tries to decide what to do about Harare's outstanding debt to the fund.
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The US Supreme Court considered yesterday how much retirement savings people can shield when they file for bankruptcy, an important question as more Americans go into debt.