SA Finance Minister Pravin Gordhan said on Tuesday that the IMF should move towards a democratic system to choose the institution’s next leader.
Member of the ANC, <b>Bongane Ndamase</b>, responds to Finance Minister Pravin Gordhan’s opinion piece.
Dominique Strauss-Kahn is in the doo-doo. For someone of his ilk to spend a few days at New York’s Rikers Island jail, must have been torture.
Dominique Strauss-Kahn has switched his place of house arrest to a luxury townhouse said to boast everything from roof access to home theatre.
France Finance Minister Christine Lagarde said on Wednesday she is running as a candidate to head the International Monetary Fund (IMF).
The world’s largest emerging economies has slammed Europe’s push to lock up the International Monetary Fund’s top job.
Trevor Manuel, tipped as a dark horse in the race to fill the top IMF post, has spoken out against the custom of appointing only European candidates.
Merit, not nationality, should determine who replaces Dominique Strauss-Kahn as the chief of the IMF, Australia and South Africa said on Sunday.
Unless the bookies have got it very wrong, it looks as though French finance minister Christine Lagarde will be installed as the head of the IMF.
If Athens reneges on its debts it will shatter the markets’ confidence in the eurozone project.
Battle lines were shaping up over the choice of a new leader for the IMF on Friday as it searched for a successor to Dominique Strauss-Kahn.
The recent financial crisis has highlighted the need for legitimate and credible institutions for global governance, writes <b>Pravin Gordhan</b>.
Dominique Strauss-Kahn has a "substantial incentive to flee" if bailed, a lawyer prosecuting the former IMF chief on sexual assault charges says.
The resignation of IMF head Dominique Strauss-Kahn promises to set off a succession battle pitting the developing world against the West.
The next head of the IMF should be from a developing country to ensure the interests of all countries are reflected in its operations, SA says.
Police clashed with protesters near the Greek Parliament on Wednesday as thousands demonstrated against a new wave of austerity cuts.
Hard-up Portugal has negotiated an international bailout worth €78-billion ($115-billion) over a three-year period, officials say.
The Swazi government’s heavy-handed reaction to this week’s protest marches could lead to international trade sanctions.
Oil fell on Monday after Muammar Gaddafi appeared to accept a cease-fire plan, increasing the chances that Libyan crude will return to world markets.
The IMF has urged Zimbabwe to respect private property rights as it implements a new law forcing foreign firms to sell majority shares to locals.
Zimbabwe’s public servants are seething over revelations that Cabinet ministers and MPs have received salary hikes of at least 200% this year.
Pro-democracy flames have been fanned and may be increasingly hard to extinguish.
The economy of Qatar — the world’s wealthiest country per capita — will grow a breathless 20% in 2011, the IMF said on Wednesday.
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/ 25 February 2011
Last week the Africa Progress Panel met French President Nicolas Sarkozy to discuss the importance of the development agenda for his G20 presidency.
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/ 18 February 2011
A change to customs revenue-sharing agreements has left the Swazi kingdom terminally short of money, exposing King Mswati III.
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/ 15 February 2011
Report ignored conditions in struggling countries that did not get loans and the safety nets the fund has in place.
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/ 28 January 2011
Swaziland is on the brink of economic collapse and risks social upheaval if it cannot curb its excesses, said the International Monetary Fund.
If the currency weakens it will mean higher prices for food, fuel and other imported products.
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/ 24 December 2010
China’s commerce minister warned that measures being taken in Europe to fix the sovereign debt crisis are "turning an acute disease into a chronic".
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/ 3 December 2010
The International Monetary Fund (IMF) has trimmed South Africa’s growth forecast for this year to below 3%.
The head of the IMF, Dominique Strauss-Kahn, said on Thursday that the debt crisis in Europe should not be underestimated.