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BRICs Seek Bigger Say in World Bank and the IMF in Washington

By Sean O'Grady Economics Editor 20 April 2010 The Independent Business As the Bric countries jostle for more say at the IMF, G20 ministers face dilemmas- not least how to travel A "fractious week" of talks faces thos…
IMF EXPANDS FUNDS BORROWING SADA REDDY JUMPS FOR JOY

WASHINGTON, April 12 -- The International Monetary Fund issued the following news release: The Executive Board of the International Monetary Fund (IMF) today approved a ten-fold expansion of the Fund's New Arrangements…
No Nation has Ever been Founded in Peace

“No Nation has ever been founded in peace, but only by the instincts of self preservation, which may take the form either of heroic virtue or crafty cunning” “When Nations are fighting for their very existence on this e…
G-20 U.S. Economic Architecture still trying to "Reform"

WASHINGTON, Senate Foreign Relations Committee Chairman , John F. Kerry issued the following statement: Senate Foreign Relations Committee Chairman John Kerry (D-MA) delivered the following opening statement at…
U.S. Dollar Falls Sada Reddy's Fiji Sea Shells Appreciate

LONDON -- The U.S. dollar came under selling pressure Monday after the International Monetary Fund suggested the dollar has further to fall. The decline has taken the euro back up close to $1.50 as investors once again s…
Gold or Coal and the Biggest Bet of a U.S. Icon

India prefers gold; Warren Buffett chooses coal. The two commodities — one in glittering ascendancy, the other plumbing the depths — are almost metaphors for diverging views on America, the dollar and global econo…