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International Finance

Kate Sheppard

World Bank Faces Pushback Over Leaked Safeguards

HuffingtonPost.com | Kate Sheppard | Posted 07.30.2014 | Green

WASHINGTON -– The World Bank has been working to update safeguards intended to ensure that development projects it backs don’t hurt people or the ...

World Bank Poised to Deny Africa's Indigenous Peoples Their Rights

Nezir Sinani | Posted 09.15.2014 | Impact
Nezir Sinani

The fight over indigenous peoples' rights in Africa is much larger than the World Bank, where its Indigenous Peoples Policy is applied infrequently. The greatest danger comes instead from the World Bank's image, for good or ill, as a global standard-setter.

The World Bank Just Made Lagos' Poorest Poorer

Nezir Sinani | Posted 09.09.2014 | Impact
Nezir Sinani

Badia communities are demanding justice. The least the World Bank can do is implement its own policies.

The House Condemns the World's Poorest to Dirty Coal

Nezir Sinani | Posted 08.19.2014 | Green
Nezir Sinani

As long as Congress commits U.S. taxpayer dollars to the World Bank, it should fight to ensure those funds are not used to finance projects that drive climate change or harm human health.

The Best Monetary Policy Is Strict Financial Regulation

Anthony W. Orlando | Posted 06.18.2014 | Politics
Anthony W. Orlando

In recent years, private-sector forecasters have been surprisingly accurate at forecasting changes in the unemployment rate, but they have been equally inaccurate when forecasting changes in the federal funds rate, the baseline interest rate controlled by the Fed.

Kate Sheppard

Changes At World Bank Spark Worry About Role Of Social Development

HuffingtonPost.com | Kate Sheppard | Posted 10.17.2013 | Politics

WASHINGTON -- At its annual meeting last week, the World Bank Group announced major reorganization plans, along with a $400 million budget cut. The sh...

European Central Bank Cuts Interest Rate To Record Low

AP | DAVID McHUGH | Posted 09.04.2012 | Business

FRANKFURT, Germany — The European Central Bank cut its benchmark interest rate to a record low Thursday to spark economic growth but gave little...

Greece Faces 'Crucial Decisions' Between More Austerity Or Default

AP | DEREK GATOPOULOS and DEMETRIS NELLAS | Posted 04.09.2012 | Business

ATHENS, Greece — A crucial meeting between Greece's Prime Minister and debt inspectors on averting default and a possible exit from the euro end...

The Current Account "Deficit" Is the Messenger: Don't Shoot It.

Laurence J. Kotlikoff | Posted 05.25.2011 | Business
Laurence J. Kotlikoff

The current account deficit is not something, per se, that countries should be worried about. Indeed, the word "deficit" is a misnomer. What a country's current account measures is the net amount of resources foreigners are investing in the country.

Another Twist in the Russian Spy Story

Steve Clemons | Posted 05.25.2011 | World
Steve Clemons

I met alleged Russian spy Mikhail Semenko at a meeting I chaired with global strategic risk guru Ian Bremmer who was speaking about his best-selling new book on the emergence of "state capitalism."

Global Bank Tax Near Deal, Gordon Brown Says

AP | Posted 05.25.2011 | Business

LONDON — Leaders from the world's top economies are close to agreeing on a global bank tax and a deal could be reached at a meeting of the Group...

Obama Urged to Find Climate Money

Yahoo! News | Jeffrey Allen, OneWorld US | Posted 05.25.2011 | Green

Climate analysts are calling on the Obama administration to use an international finance meeting this week to press for a swift end to subsidies for c...

Financial Integrity Meets Human Rights

Raymond Baker | Posted 05.25.2011 | World
Raymond Baker

It is estimated that $1 trillion in illicit money leaves developing countries every year. This outflow reduces tax collection, cripples foreign aid, undermines free trade and worsens poverty for billions of people.

Language, Greenberg, and the International Financial Collapse

Alex Keyssar | Posted 05.25.2011 | Politics
Alex Keyssar

Whenever our financial experts and political leaders (from Paulson to Geithner to Barney Frank to President Obama himself) talk about this issue, they stop using evidence and arguments and resort to metaphors instead.