With the economy showing hints of a recovery, the threat of inflation is testing policy makers at the Federal Reserve as they work to determine how quickly to unwind emergency moves taken during the height of the financial crisis. Paul…
International Monetary Fund and World Bank officials are meeting in Washington to discuss international efforts to combat poverty and aid development in the face of the global financial crisis. Members talk about their concerns and ideas.
The International Monetary Fund meets this weekend in Washington, D.C., to consider how to use its lending power to help the world's economies -- particularly the world's poorest countries -- weather the current economic crisis.
In other news, the International Monetary Fund warned that the world economy will lose ground this year for the first time in nearly six decades, and the acting chief financial officer of mortgage giant Freddie Mac was found dead in…
The Senate finance committee postponed Treasury Secretary nominee Timothy Geithner's confirmation hearing until next week after reports emerged of problems with Geithner's federal tax return payments. A Wall Street Journal reporter details the latest.
By Admin, PBS NewsHour
Pakistan must raise between $10 billion to $15 billion over the next few weeks in order to keep making debt payments and pay for imports, the country's new economic affairs adviser Shaukat Tarin has said.
Poor lending and underwriting caused two more banks in the U.S. to close over the weekend, yet regulators and the Federal Deposit Insurance Corporation, or FDIC, are helping banks remain stable as the economy struggles. Sheila Bair,the chair of FDIC,…
By PBS NewsHour
Cristina Fernandez, the wife of President Nestor Kirchner, will become Argentina's first elected woman president after overwhelmingly winning Sunday's election.
World Bank President Paul Wolfowitz said Sunday he would remain at his post, despite criticism over his involvement in securing a large pay increase for a female friend. An economic reporter details Wolfowitz's troubles.
The International Monetary Fund has intervened in dozens of economic crises in the past decade and its help has drawn both praise and criticism. Paul Solman speaks with Rodrigo de Rato y Figaredo, managing director of the IMF, about the…
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