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Found transcripts reveal birth of IMF, World Bank
Nov 27, 2012 19:46 EST
Lost for decades before their chance discovery by a US official, the raw transcripts of the Bretton Woods conference reveal the difficult birth of the International Monetary Fund and World Bank in 1944.
World Bank to choose new chief, US pick likely
Apr 16, 2012 05:14 EDT
The World Bank's directors meet Monday to decide who will be the powerful institution's next chief, with all expectations that the US will maintain its unbroken lock on the position.
Despite challenge, US pick favored to lead World Bank
Apr 15, 2012 18:11 EDT
Despite an unprecedented challenge from two developing-world candidates, Washington's 66-year lock on the World Bank presidency will almost certainly remain intact when directors meet Monday to fill the post.
Two vie to lead World Bank after Ocampo pullout
Apr 14, 2012 03:57 EDT
Colombia's Jose Antonio Ocampo withdrew from the race to lead the World Bank, endorsing Nigerian Ngozi Okonjo-Iweala's challenge against the favored US candidate.
Two vie to lead World Bank after Ocampo pullout
Apr 13, 2012 18:36 EDT
Colombia's Jose Antonio Ocampo withdrew from the race to lead the World Bank on Friday, endorsing Nigerian Ngozi Okonjo-Iweala's challenge against the favored US candidate.
US presses case as World Bank pick is challenged
Mar 29, 2012 18:16 EDT
The United States lobbied hard for its World Bank candidate Jim Yong Kim as he began a global campaign Thursday facing an unprecedented challenge from two developing nation candidates.
US World Bank nominee kicks off campaign in Africa
Mar 29, 2012 14:34 EDT
The US nominee to lead the World Bank, Jim Yong Kim, launched his global campaign in Ethiopia Thursday, while Nigerian rival Ngozi Okonjo-Iweala said the vote was a test of rich nations' "hypocrisy."
World Bank's Zoellick to step down
Feb 15, 2012 13:28 EST
World Bank president Robert Zoellick announced Wednesday that he would step down at the end of June, setting up a possible new fight over US dominance at the global development lender.
Talk, but little action, to break U.S. grip on World Bank job
Feb 15, 2012 10:03 EST
(Reuters) - Emerging markets talked up their desire to break Washington's hold on the top World Bank job on Thursday after Robert Zoellick announced he would step down, yet they showed little inclination to band together to force change.
24ski.ART
Nov 23, 2011 19:00 EST
Seven months of the world in its shorts-wearing, air-conditioned, sun-screen mode. And now you, the skier, the boarder, the snow-hound, your world is back.
23traffic.ART
Nov 22, 2011 19:00 EST
Imagine a parking-lot type of day on the Massachusetts Turnpike. Then add 1 to 2 inches of driving rain.
Regulators not swayed by bank capital complaints
Sep 25, 2011 17:04 EDT
WASHINGTON (Reuters) - Global banks aggressive push to scale back or postpone new capital rules for the world's largest banks is being met with little sympathy from international regulators who are set to finalize these standards in the coming weeks.
Analysis: Is China left holding the credit baby?
Aug 10, 2011 03:57 EDT
LONDON (Reuters) - August's dramatic financial shock, which is now both feeding off and risks fueling another economic downturn, may well introduce a third phase of the four-year-old global credit crisis -- the infection of the ultimate creditors.
Analysis: Pact puts eurozone on bumpy road to fiscal union
Jul 22, 2011 20:33 EDT
PARIS, Jul (Reuters) - Angela Merkel will deny it, but Thursday's euro zone deal to rescue Greece again from the brink of bankruptcy puts Europe on the bumpy road to a fiscal union.
Analysis:Summit pact puts eurozone on bumpy road to fiscal union
Jul 22, 2011 10:48 EDT
PARIS, Jul (Reuters) - Angela Merkel will deny it, but Thursday's euro zone deal to rescue Greece again from the brink of bankruptcy puts Europe on the bumpy road to a fiscal union.
India says 'best available' person should head IMF
May 31, 2011 06:17 EDT
India, which has criticised Europe's bid to keep its lock on the top job at the IMF, said on Tuesday that the "best available person" should be selected as head of the global lender.
Normandy beach town prepares for G8 invasion
May 20, 2011 08:22 EDT
DEAUVILLE, France (Reuters) - The gently sloping beaches of Normandy lend themselves well to invasions. From here, William the Conqueror set out to invade England in 1066 and in World War II they were the landing site for the allied assault on Nazi-occupied France.
Precious metals chart the government won't ever show you
Apr 20, 2011 00:12 EDT
Under the current system, the federal government has become the biggest counterfeiter in the world . Over the past two years, I've been telling my readers about the sham the U.S. government is perpetuating on its citizens. I've shown you what corrupted the American system, why our debt problem is worse than you know, and how to protect your family from what I'm calling the End of America.
Bank of England's Haldane warns of emerging market asset bubbles
Apr 09, 2011 13:19 EDT
LONDON (Reuters) - Emerging markets are likely to be increasingly prone to asset price bubbles in coming years due to capital inflows from advanced economies and strong domestic saving, a top Bank of England official said on Saturday.
Sarkozy targets commodities in G20 agenda
Jan 24, 2011 13:45 EST
PARIS (Reuters) - French President Nicolas Sarkozy called on Monday for new rules to curb commodity price volatility, warning as he laid out his G20 agenda that the world risks food riots and weaker growth if leaders fail to act.
