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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Proposals to help poor countries work their own way out of debt are being published by a Tory policy group.
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UK Chancellor of the Exchequer Gordon Brown said no deal has been reached on how to clear the debts of the world&#39;s poorest nations, a debate that has divided the UK and US governments.
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Large pension schemes fail to say how they manage the environmental and social impact of investments, a pressure group says.
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A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the U.S. dollar to ...
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A Treasury-backed plan to stabilize a vital segment of the credit markets has been shelved, the banks involved said yesterday.
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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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The group of 20, G20, finance leaders of the richest, most powerful and emerging economies have begun discussions on a range of financial issues, with the weak dollar officially off the agenda but expected to dominate the meeting.
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The G7 group of industrialised states, led by the UK, is set to back a moratorium on debt repayments from countries hit by the Asian tsunami.
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THE community constituency of the National Economic, Development and Labour Council (Nedlac) yesterday snubbed the MD of the International Monetary Fund (IMF) , Rodrigo Rato, on the first day of his whistle-stop South African tour .
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Global markets were down Thursday despite a plan by five central banks to inject capital into the banking system to ease credit fears.
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G-7 approves debt relief, but British 'Marshall Plan' for poor countries faces US skepticism.
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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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WASHINGTON The world&#39;s economic powers, which ended three days of meetings yesterday, insisted they are moving closer to a deal on debt relief for Iraq and other poor nations even though an agreement has proved elusive.
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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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Britain said on Thursday there were no immediate plans for an emergency meeting of the Group of Eight rich countries on relief aid following the Asian tsunamis.
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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.