Some in the U.S. Congress wanted to tie funding for the International Monetary Fund to specific changes in how the IMF conducts its business. Worldfocus blogger Nina Hachigian agrees, but says this could slow the process down too much at a time of unprecendented crisis.
All Posts Tagged With: "International Monetary Fund"
After bailing out countries from Iceland to Pakistan, the International Monetary Fund needs additional funds that it can loan to other nations on the brink. Worldfocus blogger Nina Hachigian gives five reasons the United States should agree to fund the IMF, despite the naysayers.
The International Monetary Fund said on Tuesday that the financial crisis "is likely to be deep and long lasting." Peter Coy of BusinessWeek magazine discusses Britain's plans to help struggling homeowners and Germany's new approach to getting rid of toxic assets.