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International Organizations IMF

  • IMF to Meet Monday on Process to Select New Chief

    The IMF board will meet on Monday at the prompting of developing nations which want Europe and the United States to agree to throw open selection of a new managing director to candidates from around the globe, officials said on Friday.

  • International Monetary Fund's Managing Director Rodrigo de Rato listens to a question during the closing press conference of the IMF World Bank annual meetings on Sunday, Oct. 3, 2004, in Washington. (AP Photo/Evan Vucci)
    IMF Managing Director Rato to Resign in October

    International Monetary Fund Managing Director Rodrigo Rato said Thursday he would step down from his post in October for "personal reasons."

  • IMF Says BOJ Should Delay Rate Move Amid Tame Inflation

    The International Monetary Fund said on Thursday that a rate hike by the Bank of Japan should be delayed until inflation expectations have recovered and the consumer price trend is firmly rising.

  • Venezuela to Quit IMF, World Bank

    Venezuela will withdraw from the Washington-based lending organizations, the IMF and World Bank, in a symbolic move that distances leftist President Hugo Chavez from much of the international economic community.

  • World Bank Group to Discuss President Wolfowitz's Fate

    The World Bank's board on Friday ordered an ad hoc group to discuss the fate of President Paul Wolfowitz, whose leadership has been thrown into turmoil by revelations that he helped his girlfriend get a high-paying job.

  • China Editorial Says IMF "Meddling" in Yuan Issue

    The International Monetary Fund (IMF) is "meddling" in China's affairs by saying the country needs a more flexible exchange rate policy, a state newspaper said in an editorial on Tuesday.

  • IMF: World Economy to Grow Strongly in '07

    The world economy is set to grow strongly in 2007, especially in Europe and emerging Asia, International Monetary Fund Managing Director Rodrigo Rato was quoted on Monday as saying.