Wednesday, August 20, 2008   23:07 GMT    
IPS Direct to Your Inbox!
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
 - Africa
IPS Inter Press Service News Agency
 - Asia-Pacific
     Afghanistan
     Iran
IPS Inter Press Service News Agency
 - Caribbean
      Haiti
IPS Inter Press Service News Agency
 - Europe
      Union in Diversity
IPS Inter Press Service News Agency
 - Latin America
IPS Inter Press Service News Agency
 - Mideast &
   Mediterranean
      Iraq
      Israel/Palestine
IPS Inter Press Service News Agency
 - North America
      Neo-Cons
      Bush at War
Agencia de Noticias Inter Press Service
Agencia de Noticias Inter Press Service
Agencia de Noticias Inter Press Service
Agencia de Noticias Inter Press Service
 - Development
      MDGs
      City Voices
      Corruption
IPS Inter Press Service News Agency
 - Civil Society
IPS Inter Press Service News Agency
 - Globalisation
IPS Inter Press Service News Agency
 - Environment
      Energy Crunch
      Climate Change
      Tierramérica
IPS Inter Press Service News Agency
 - Human Rights
IPS Inter Press Service News Agency
 - Health
      HIV/AIDS
IPS Inter Press Service News Agency
 - Indigenous Peoples
IPS Inter Press Service News Agency
 - Economy & Trade
IPS Inter Press Service News Agency
 - Labour
IPS Inter Press Service News Agency
 - Population
      Reproductive Rights
      Migration&Refugees
IPS Inter Press Service News Agency
 - Arts & Entertainment
IPS Inter Press Service News Agency
 - Education
IPS Inter Press Service News Agency
 - ExPress Freedom
IPS Inter Press Service News Agency
 - Columns
IPS Inter Press Service News Agency
 - In Focus
IPS Inter Press Service News Agency
 
IPS Inter Press Service News Agency
 - Readers' Opinions
IPS Inter Press Service News Agency
 - Email News
IPS Inter Press Service News Agency
  What is RSS?
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
   ENGLISH
IPS Inter Press Service News Agency
   ESPAÑOL
IPS Inter Press Service News Agency
   FRANÇAIS
IPS Inter Press Service News Agency
   ARABIC
IPS Inter Press Service News Agency
   DEUTSCH
IPS Inter Press Service News Agency
   ITALIANO
IPS Inter Press Service News Agency
   JAPANESE
IPS Inter Press Service News Agency
   NEDERLANDS
IPS Inter Press Service News Agency
   PORTUGUÊS
IPS Inter Press Service News Agency
   SUOMI
IPS Inter Press Service News Agency
   SVENSKA
IPS Inter Press Service News Agency
   SWAHILI
IPS Inter Press Service News Agency
   TÜRKÇE
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency
IPS Inter Press Service News Agency

FINANCE: One Year Later, IMF Sees No End to Credit Crisis
By Abid Aslam
WASHINGTON - The credit crisis unleashed by the U.S. housing slump a year ago continues to poison the global economy and central banks appear short of antidote, says the International Monetary Fund (IMF).
MORE >>
 

DEVELOPMENT: Decades of Bad Policies Brewed a "Perfect Storm"
By Thalif Deen
UNITED NATIONS - When the Cold War ended following the collapse of the Berlin Wall in 1989 and the subsequent dismantling of the Soviet Union, there was widespread political euphoria about de-militarisation, global peace, a decline in military spending and economic prosperity.
MORE >>
 

FINANCE-US: More Debt Relief in Sight for Poorest Nations
By Emad Mekay
WASHINGTON - Anti-debt campaigners say legislation passed by a U.S. Congressional committee this week that would expand debt cancellations to an additional 25 poor nations could prove effective in fighting poverty, stopping environmental degradation and easing the traditional strict economic conditions that accompanied loans and often led to economic chaos.
MORE >>
 

ECONOMY: World Bank Sees Progress Against Corruption
By Abid Aslam
WASHINGTON - Developing and former Soviet countries are making rapid progress in controlling corruption and promoting political stability and government accountability, the World Bank said in a new report Tuesday.
MORE >>
 

DEVELOPMENT: Water Flowing Back Into Public Hands
By Julio Godoy
PARIS - The announcement by the Paris municipality that water services will return to public hands by 2010 is in line with a global trend of ending privatisation of such services.
MORE >>
 

ECONOMY: IMF Sees Slow, Risky U.S. Recovery
By Abid Aslam
WASHINGTON - The International Monetary Fund (IMF) has upgraded its expectations of the world's largest economy, saying the U.S. will end this year with no economic growth before starting a gradual recovery in 2009.
MORE >>
 

FINANCE: World Bank Watchdog Thrashes 'Doing Business' Index
By Abid Aslam
WASHINGTON - The World Bank's flagship effort to promote business-led economic growth is ideologically stilted and of little practical use, says the lending agency's in-house watchdog.
MORE >>
 

EUROPE: Irish Say No to Military and Neo-Liberalism
Analysis by David Cronin
BRUSSELS - The rejection of the European Union's latest treaty by Ireland's electorate has been interpreted as a vote against the bloc's increasing emphasis on bolstering its military capacities and its efforts to prioritise free market principles over social protection.
MORE >>
 

DEVELOPMENT-AFRICA: High Food Prices Here For Another Five Years
By Miriam Mannak
CAPE TOWN - Hundred million people worldwide -- mostly from developing countries -- may sink deeper into poverty when food prices continue to rise, the World Bank predicts.
MORE >>
 

ECONOMY: Global Woes Hit Developing Countries
By Abid Aslam
WASHINGTON - The global credit crunch unleashed in the United States is combining with runaway food and fuel prices to put the squeeze on developing countries, according to the World Bank.
MORE >>
 

See picture details
JAPAN: Good Neighbours Needed on Way to UN
By Ramesh Jaura
BERLIN - Japan will not succeed in its bid for a permanent seat in the UN Security Council unless it achieves reconciliation with its neighbours, says former Japanese prime minister Toshiki Kaifu.
MORE >>
 

CLIMATE CHANGE: Greens, Lawmakers Assail World Bank Funds
By Abid Aslam
WASHINGTON - "Climate Investment Funds" to be run by the World Bank and backed by the George W. Bush administration are drawing fire from lawmakers and environmentalists who say the initiatives will accomplish little against global warming.
MORE >>
 

See picture details
DEVELOPMENT: Food Summit Agrees Greater Liberalisation
By Sabina Zaccaro
ROME - The three-day world summit called by the UN Food and Agricultural Organisation to respond to the food crisis ended with plans and pledges – and a new push to liberalisation.
MORE >>
 

DEVELOPMENT: Blessed and Cursed by Water
By Tarjei Kidd Olsen
OSLO - Millions of people are threatened by poor, unreliable, or non-existent water resources, and climate change could make things worse. IPS looked at some of the issues before participants at a World Bank conference on water and sanitation issues held in Oslo last week.
MORE >>
 

FINANCE: IMF "Cure" for Food Crisis Also a Cause
Analysis by Emad Mekay
WASHINGTON - The International Monetary Fund (IMF) says it is responding to the global food crisis by doling out new emergency loans to 15 of the world's poorest nations, mostly in Africa.
MORE >>
 

HEALTH: World Bank Shifting Gears on AIDS in Africa
By Abid Aslam
WASHINGTON - The World Bank says it is recalibrating its financing for anti-AIDS efforts in Africa, which shoulders more than two-thirds of the world's HIV/AIDS burden.
MORE >>
 

 

Next >>

 
IPS News Feeds News Feeds RSS/XML
Make IPS your homepage Make IPS News your homepage!
Free Email Newsletters Free Email Newsletters
IPS Mobile IPS Mobile
Text Only Text Only

Eye on the IFIs in RSSThey underpin the world's financial architecture, with the power to revamp whole economies and channel billions of development dollars each year. But the so-called International Financial Institutions -- the World Bank Group, International Monetary Fund and regional investment banks -- face a new era of public scrutiny and challenges to their relevancy. How are the IFIs responding to growing demands from the South and civil society groups for greater democracy and accountability? And are they living up to their stated mission of promoting economic prosperity for all?

He'll Huff, and He'll Puff and... Blow the Bank Down?
News in RSS
BOLIVIA: Businesses Take On the Green Challenge
PORTUGAL: Easing Food Safety Standards for Traditional Products
KENYA: Gathering Storm of Expectations in Nairobi Slum
AFRICA: Proving Ground For International Criminal Court?
HEALTH: Global Agenda Increasingly Disease-Driven
ZAMBIA: Mwanawasa Leaves Mixed Legacy
NICARAGUA: US Fourth Fleet Treads Fine Line
DEVELOPMENT: South Africa Beats Deadline on Water, Sanitation
SOUTH ASIA: Musharraf's Exit Leaves India Confused
AFGHANISTAN: Taliban Fill Power Void in Kabul?
More >>
News in RSS
IMF: WHEN NOTHING IS BETTER THAN SOMETHING (BAD)
by Jomo Kwame Sundaram
Last week the International Monetary Fund called for governments to rise together to face the challenges posed by the ongoing financial turmoil. Unfortunately, most developing countries do not feel the IMF belongs to them, which may adversely affect their willingness to accept Fund leadership, writes Jomo Kwame Sundaram, United Nations Assistant-Secretary-General for Economic Development.
more >>
SOUTH AMERICA: : BANKING ON THE NEIGHBOURS
by Anuradha Mittal
Resentment against the international financial institutions is growing across the world, laying a foundation for an alternative economic vision in South America. The challenge is for it to be a true alternative, writes Anuradha Mittal, executive director of the California based Oakland Institute.
more >>
THE IMF AND WORLD BANK:: CRISIS TIME
by Roberto Savio
After many years of a sustained campaign against the United Nations, the so-called Bretton Woods twins -- the International Monetary Fund and the World Bank -- now find themselves in political and economic crisis, writes Roberto Savio, founder and president emeritus of IPS news agency and founder of the International Committee of the World Social Forum.
more >>

International Financial Institutions
World Bank
IMF
Inter-American Development Bank
Asian Development Bank
African Development Bank
European Bank for Reconstruction and Development

Civil Society

Bretton Woods Project
Government Accountability Project
50 Years is Enough Network
Institute for Policy Studies
ActionAid
International Rivers Network

IPS is not responsible for the content of external sites