WASHINGTON: The race to succeed World Bank president Robert Zoellick is heating up with the emergence of the first declared candidate, another American.
Renowned economist Jeffrey Sachs, who led the UN committee on the Millennium Development (...)
WASHINGTON: From the ashes of global prosperity the International Monetary Fund emerged last week as the bulwark against the economic crisis, its role and finances heavily bolstered by world leaders.
The IMF was the main beneficiary at the Group (...)
WASHINGTON: Rising food prices could have terrible consequences for the world, including the risk of war, the IMF said Saturday, calling for action to keep inflation in check.
Food prices, if they go on like they are doing today ... the (...)