Finance Leaders Can't Resolve Debt Relief
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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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DAVOS, Switzerland  - Business leaders called for more leadership to head off an economic downturn on Wednesday, with some saying an emergency U.S. interest rate cut may have been over hasty and could fuel a new market bubble.
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Creditors put more pressure on debt-soaked borrowers.
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The world's top finance officials stopped well short of expressing serious concern about the plunging U.S. dollar at a meeting that ended Sunday, although they issued a call for "steps toward greater exchange-rate flexibility" in Asia's emerging economies.
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PARIS  - French President Jacques Chirac told his government to push for the Paris Club of creditor nations to put a moratorium on debt payments owed by countries hit by tsunamis in southeast Asia.
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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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An economic collapse can't keep these firms from sending you money.
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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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Problems in the bond markets put pressure on financial firms' shares.
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Disappointing data come as credit crisis looms.
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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.
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BERLIN : The Group of 20 finance chiefs of the world&#39;s leading economies called for US deficit cuts and more foreign exchange flexibility in Asia, but were silent on the delicate issue of the weak dollar.
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Investors suffer when communications companies can't communicate.
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Countrywide, the nationâs largest mortgage lenders, has been struggling to deal with the troubles in the mortgage industry.
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As Delta Air Lines Inc. struggles to turn itself around, much of the focus has been on its call for concessions from pilots. But some analysts say Delta's massive debt is a bigger challenge -- and one that's more difficult to resolve outside of bankruptcy.
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The world's seven leading industrial nations called on Friday for freezing debt payments owed by countries devastated by the Indian Ocean tsunami.
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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.