No image available
/ 22 September 2011
Greece has adopted more austerity measures to secure a bailout instalment, and the IMF warned Europe’s debt crisis is putting banks’ capital at risk.
The famine in the Horn of Africa is a result of the international community’s failure to end Somalia’s civil war.
An informal survey shows French Finance Minister Christine Lagarde appeared poised to become the head of the IMF this week.
Dominique Strauss-Kahn faced growing pressure to quit as head of the IMF after his arrest on attempted rape charges.
IMF chief Dominique Strauss-Kahn is expected to be arrested and charged overnight with an alleged sexual assault of a hotel maid.
United States President Barack Obama called on Wednesday for new ways to tackle global poverty.
No image available
/ 22 September 2010
African leaders said on Tuesday they could do more to meet UN goals to slash extreme poverty and urged stronger leadership among developing countries.
No image available
/ 21 September 2010
UN Secretary-General Ban Ki-moon pressed debt-ridden donor countries on Monday not to cut aid to the poor despite their budgetary woes.
No image available
/ 20 September 2010
Budget-strapped rich donors will call for a rethink of strategies to make sure their aid funds are not wasted when world leaders meet this week.
The global economic crisis has increased Africa’s debts but the deterioration has not yet reached levels that are a concern, an IMF official said.