Topic - International Monetary Fund

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  • ** FILE ** International Monetary Fund (IMF) Managing Director Christine Lagarde accompanied by IMFC Chair and Singapore Finance Minister Tharman Shanmugaratnam, arrive for a news conference during the World Bank Group-International Monetary Fund Spring Meetings in Washington, Saturday, April 12, 2014. ( AP Photo/Jose Luis Magana)

    IMF gives U.S. Congress year-end deadline for passing reforms

    The 188 members of the International Monetary Fund on Sunday gave the U.S. Congress until the end of the year to pass reforms giving large emerging countries like Russia and China a greater say in the Bretton Woods Institution, after which they may make plans to reform the IMF without the U.S.

  • Cherry blossom, World Bank events close DC roads

    District of Columbia police are warning of street closures and possible traffic delays this weekend due to the National Cherry Blossom Festival and events at the International Monetary Fund and World Bank complex.

  • From left, UN Secretary General Ban Ki-moon, CNN International anchor Isha Sesay, and World Bank President Jim Yong Kim attend the forum Endpoverty 2030 during the IMF/World Bank Spring Meetings at IMF headquarters in Washington, Thursday, April 10, 2014. ( AP Photo/Jose Luis Magana)

    Major economies express confidence about growth

    Finance officials of the world's major economies expressed confidence Friday that they can meet an ambitious goal of boosting global growth by $2 trillion over the next five years.

  • International Monetary Fund (IMF) Managing Director Christine Lagarde speaks during a news conference during the IMF/World Bank Spring Meetings at IMF headquarters in Washington, Thursday, April 10, 2014. Lagarde said the global economy is finally turning the corner after a deep recession but the recovery remains too weak. (AP Photo/Jose Luis Magana)

    IMF eyes 'Plan B' for reforming itself without U.S.

    The International Monetary Fund has a "Plan B" for proceeding with reforms giving greater powers to developing countries even though the U.S. Congress hasn't approved them, but it is not ready to take that route yet, IMF Managing Director Christine Lagarde said Thursday.

  • IMF Managing Director Christine Lagarde continues to insist that there is little she can do without U.S. approval. Analysts point out that European countries, which continue to dominate the IMF's board of directors and stand to lose the most clout under the reforms, have been happy to let the U.S. block the legislation even while publicly deploring the congressional delays. (Associated Press)

    Russia, China leading efforts to bypass U.S. as IMF reforms stall on Capitol Hill

    Russia, China and other major developing countries — angry about the stalemate on Capitol Hill that has blocked approval of a reform plan that would give them a bigger voting share at the International Monetary Fund — are pushing to go ahead with the reforms without waiting for the United States.

  • Radio talk show host Mark Levin (Tea Party Patriots)

    Mark Levin blasts Mitch McConnell: 'He's not a conservative'

    Conservative radio's Mark Levin — affectionately dubbed "The Great One" by colleagues and fans alike — blasted Sen. Mitch McConnell and his fellow GOP leaders, characterizing them as RINOs, or Republicans-In-Name-Only, whose time to leave office had come.

  • Local citizens wave flags symbolizing the Soviet victory in WWII and Russian flags gather in support of Eastern Pro-Russian Ukrainians in their fight against Ukrainian government in Simferopol, Crimea on Monday, March 24, 2014. Ukraine's fledgling government ordered troops to pull back Monday from Crimea, ending days of wavering as Russian forces stormed and seized bases on the peninsula.(AP Photo/Max Vetrov)

    Reid slams GOP over Crimea; Senate bill advances

    Senate Majority Leader Harry Reid said Monday that Republicans may have helped Russia annex Ukraine's Crimean Peninsula, delivering a surprisingly sharp attack just before lawmakers advanced a bill authorizing sweeping U.S. sanctions on Russia and $1 billion in loan guarantees to Ukraine.

  • Illustration by Alexander Hunter/The Washington Times

    RAHN: Anti-money laundering surveillance hurts banking services

    To whom would you be willing to trust with all of your financial and tax information: close family members or the U.S. government and foreign governments, including Russia?

  • Deja Vu: About 5,000 people demonstrated Sunday in Donetsk, in eastern Ukraine, in favor of holding a referendum on secession and absorption into Russia, just as Crimeans did earlier this month before their region was annexed. President Obama this week will work for a united front against Russian President Vladimir Putin. (Associated Press)

    A Ukraine divide: Congress, world leaders debate how to counter Russia

    President Obama will try to forge a consensus on Ukraine when he meets this week with top allies in Europe, but he has had trouble winning unity even back home, where Democrats and Republicans are sparring over the outlines of U.S. policy, including military and financial aid.

  • U.S. Sen. John McCain, R-Ariz., center, speaks during a news conference in Kiev, Ukraine, Saturday, March 15, 2014. McCain and a team of seven other senators concluded their visit in Kiev on Saturday with a news conference in which they reaffirmed their support to the interim Ukrainian government. (AP Photo/David Azia)

    McCain: 'A little embarrassed' by GOP attitude on Ukraine and IMF

    Sen. John McCain, Arizona Republican, said Wednesday that he's "a little embarrassed" by some in his party who are insisting that reforms to the International Monetary Fund (IMF) be stripped from legislation to aid Ukraine and sanction Russian and Ukrainian officials involved with the unrest in the region.

  • Illustration by Alexander Hunter/The Washington Times

    RAHN: Being taxed for bad advice by international organizations

    If you became aware that the advice you were receiving from your economic advisers was causing you to get poorer rather than richer, how long would you keep them?

  • ** FILE ** Treasury Secretary Jack Lew testifies on Capitol Hill in Washington, Tuesday, April 16, 2013, before the House Budget Committee hearing on President Obama's fiscal 2014 federal budget.  (AP Photo/Molly Riley)

    Congress inaction could cost U.S. clout at IMF

    Though many legislators may not realize it, Congress failed to include in the massive spending deal approved last week funds to implement reforms sought for years by both Democratic and Republican presidents that would give China, India, Brazil and other large emerging nations a greater say in activities of the International Monetary Fund.

  • International Monetary Fund (IMF) Managing Director Christine Lagarde listens to a question during a media availability, during the World Bank/IMF Annual Meetings at IMF headquarters Saturday, Oct. 12, 2013 in Washington. World finance officials ending their meetings in Washington are worried by the possibility of an unprecedented U.S. debt default while the shaky global economy already is besieged by other threats.   (AP Photo/Alex Brandon)

    IMF chief: U.S. dance with the debt limit is 'very, very concerning'

    The chief of the International Monetary Fund says the U.S. government's stalemate over spending and its debt limit is "very, very concerning" and could roll back economic progress around the world.

  • IMF's chief endorses Fed move to keep stimulus in place

    International Monetary Fund chief Christine Lagarde on Thursday praised the Federal Reserve's decision this week not to tap the brakes on its bond-buying program to stimulate the U.S. economy, saying it was still too soon to start the widely expected "tapering" operation on the Fed program.

  • ** FILE **  Former International Monetary Fund Managing Director Dominique Strauss-Kahn. (Associated Press)

    Ex-IMF’s Strauss-Kahn to face pimping charges in France

    The former head of the International Monetary Fund, Dominique Strauss-Kahn, will have to face charges of pimping in a French court, after prosecutors were unable to convince the court to drop the case.

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