WASHINGTON: Differences over currency management persisted after a weekend meeting of global finance ministers who left without resolving what to do.
They did agree, however, that the 187-nation International Monetary Fund was the organization (...)
WASHINGTON: The head of the International Monetary Fund's steering committee says the global economy is bouncing back unevenly but still faces pitfalls, particularly the high debt burdens some governments are bearing and the slow return of consumer (...)
WASHINGTON: Finance ministers see signs the global economy is stabilizing but are cautioning it will take until the middle of next year for the world to emerge from the worst recession in decades.
In a daylong session of the International (...)
WASHINGTON: The International Monetary Fund s directors approved a major change in its voting mechanism Friday, giving some larger developing countries more of a say in how the 185-nation lending organization operates.
The board stopped short of (...)
