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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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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Fannie Mae&#39;s regulator has not approved the financial terms of the exits of two top executives and the men won&#39;t get that money until investigations of the company&#39;s finances are completed
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Fannie Mae's regulator has not approved the financial terms of the exits of two top executives and the men won't get that money until investigations of the company's finances are completed, one of the company's congressional overseers said Wednesday.
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Despite a year that is among the worst in their firmsâ long histories, the chiefs of both Bear Stearns and Morgan Stanley are holding tight to their perches of power.
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Malawi is &#36;2.9 billion in debt but the cash that was borrowed hasn't done Simao Aloni or his home village of Chiromo any good.
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Lots of debt could mean tough times ahead.
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Almost a year after vowing to protect millions of middle-income families from a special tax meant for millionaires, Democratic leaders are still struggling to find ways to raise the billions of dollars needed to fix the problem.
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With no end in sight to the current credit crisis, Europe&#39;s finance chiefs have launched a drive to lift the shroud of opacity over the rarefied world of high finance, which they blame for the turmoil.
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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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With the economy slowing and houses no longer easy sources of cash, a growing number of consumers cannot pay the minimum monthly amount off their credit card debt.
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Homeowners unable to pay monthly mortgage bills and facing foreclosure shouldn't count on help from Washington this year.
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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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PARIS -- Rich creditor nations offered yesterday to let tsunami-hit countries halt repayments on billions of dollars of debt, possibly for as long as a year, the chairman of the Paris Club said.
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Alarmed by the running turmoil in the debt markets, investors have refused to buy certain securities that not long ago many regarded as equivalent to cash.
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This year the leaders of some of the worldâs most respected financial institutions have been caught either unaware or uninformed about giant risks their companies took.
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The International Monetary Fund's top policy-making group failed on Saturday to close divisions over debt relief for the world's poorest countries.