IMF Global Financial Stability Report Puts Financial Losses At $4.1 Trillion
WASHINGTON — Losses at financial institutions could approach $4.1 trillion worldwide, the International Monetary Fund said Tuesday as it urged c...
WASHINGTON — Losses at financial institutions could approach $4.1 trillion worldwide, the International Monetary Fund said Tuesday as it urged c...
Chad Dobson | Posted 05.21.2009 | Business
An improved disclosure policy requires a shift in thinking and a new business approach from the World Bank.
Robert Creamer | Posted 05.21.2009 | Politics
Obama's recent trips to the G-20 and the Summit of the Americas have underscored his fundamental realignment of American foreign policy.
Monika Kalra Varma | Posted 05.20.2009 | World
International leaders gathered in Washington, DC this past week to pledge assistance to Haiti through the Haiti.Now, the rhetoric of partnership with Haiti needs to be actualized.
Sheldon Filger | Posted 05.20.2009 | Business
Nobel laureate Paul Krugman stirred the ire and indignation of Austria's political and financial establishment by merely stating the obvious. No European state is in as precarious a state as Austria.
The Mainichi Daily News | Posted 05.17.2009 | World
Countries supporting Pakistan are set to pledge a total of about 4 billion dollars (about 400 billion yen) in aid to the country over the next two yea...
Robert Weissman | Posted 05.14.2009 | Business
The IMF is forcing countries in financial distress to pursue contractionary policies -- exactly the opposite of the stimulative policies carried out by the rich countries (and supported by the IMF.)
Sheldon Filger | Posted 05.09.2009 | Business
If there are any doubts remaining as to the severity of the global economic crisis, this most current estimate of the rot eating away at the global financial architecture should set them aside.
John Feffer | Posted 05.08.2009 | World
NATO and the IMF should just retire gracefully and let a new generation of institutions take their place.
Iris Erlingsdottir | Posted 05.07.2009 | World
Why are the countries that have accepted IMF assistance in the past -- such as South Korea and Argentina -- so bitter over the experience?
Financial Times | Posted 05.07.2009 | World
Crisis-hit European Union states in central and eastern Europe should consider scrapping their currencies in favour of the euro even without formally ...
Ann Pettifor | Posted 05.03.2009 | Business
I am willing to bet that the group of 20 leaders will very likely fail in their aim of stabilizing the global economy.
Huffington Post Contributors | Posted 05.03.2009 | World
By: Irene Khan - Secretary General, Amnesty International Dr Gerd Leipold - Executive Director, Greenpeace International Jeremy Hobbs - Executive Dir...
AP | TOM RAUM | Posted 05.03.2009 | World
LONDON — Anxiously assembled at the most perilous moment for the global economy since the Great Depression, the world's financial powers pledged...
New York Times | Posted 05.03.2009 | World
So much for that fresh start. Barely 24 hours after announcing that Russia and the United States would cooperate on a host of long-simmering issues, ...
AP | JANE WARDELL | Posted 05.03.2009 | World
LONDON — Leaders from around the globe made headway Thursday on tackling the world's worst financial crisis since the 1930s, with signs of agree...
Mark Weisbrot | Posted 05.02.2009 | Politics
The run-up to the G-20 meeting has been interesting and colorful. President Lula Da Silva of Brazil declared that "this crisis was caused by the irrat...
Vivian Norris de Montaigu | Posted 04.30.2009 | Business
We have seen what happens when Capitalism runs amok and is not inclusive. The problem is not capitalism, it is greed and the lack of the human element.
Ann Pettifor | Posted 04.29.2009 | Business
If white bankers and economists have angered US citizens and roiled Congress, we should have the humility to understand how much more they have angered people in far away countries.
Rob Kall | Posted 04.25.2009 | Business
In these trying economic times, when new ideas and approaches must be developed, maybe it is time we identify and deal with the real enemies of the good, of humanity and the earth.
Politico | Posted 04.25.2009 | Politics
Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, wh...
The Guardian | David Gow | Posted 04.25.2009 | World
The European Union, IMF and World Bank today bailed out Romania with a €20bn (£18.5bn) loan in return for severe cuts in public spending and wages....
HuffingtonPost.com | Ryan Grim | Posted 04.16.2009 | Politics
For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world's central bank, injecting hundreds of billions of doll...
The Economist | Posted 04.12.2009 | World
"POOR countries are innocent," says Ngozi Okonjo-Iweala, the Nigerian managing director of the World Bank. They did not contribute one jot to the glob...
Vanity Fair | Michael Lewis | Posted 04.03.2009 | World
Just after October 6, 2008, when Iceland effectively went bust, I spoke to a man at the International Monetary Fund who had been flown in to Reykjaví...
AP | MARTIN CRUTSINGER | Posted 05.22.2009 | Business