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Robert Zoellick

What warming? Climate change slips among global priorities - Feature

Washington - You might call it the fourth crisis. While collapsing financial institutions plunge wealthy nations into recession and developing countries grapple with surging food and energy costs, the once urgent need to fight...

Paulson: Protectionist policies won't solve crisis

WASHINGTON -- Appealing for global unity in a time of crisis, Treasury Secretary Henry Paulson said Sunday that isolationism and protectionism do not offer a way to contain the spreading damage. He expressed concern about the...

Paulson: Protectionist policies won't solve crisis

Appealing for global unity in a time of crisis, Treasury Secretary Henry Paulson said Sunday that isolationism and protectionism do not offer a way to contain the spreading damage. "Although we in the United States are taking...

Debt is whittling away U.S. economic power

At the turn of the 20th century, toward the end of a brutal and surprisingly difficult victory in the Second Boer War, the people of Britain began to contemplate the possibility that theirs was a nation in decline. They worried...

U.S. President George W. Bush (L) speaks to reporters in the ...

U.S. President George W. Bush (L) speaks to reporters in the Rose Garden after meeting with G7 finance ministers and heads of international finance institutions at the White House in Washington, October 11, 2008. Also pictured...

WB to provide $ 1.4 billion to Pakistan this year

WASHINGTON, Oct 12 (SPA) -- The World Bank has pledged to provide $ 1.4 billion support for Pakistan in the current year which can be front-loaded to fast track investment projects and budgetary lendi...

European plan guarantees bank refinancing

CTV.ca News Staff Countries that use the euro currency will temporarily guarantee bank refinancing in an attempt to promote lending and get credit flowing, 15 European leaders have decided. French President Nicolas Sarkozy said...

G-20 Demand Extension of G-7 with Inclusion of New Members

The G-20 group of nations requests the inclusion of its biggest members in the G-7 in order for leading world economies to be able to react more successfully to the global financial crisis, according to Brazilian Finance...

Global finance ministers seek to calm economies

Global finance ministers kept searching for ways to tackle the unfolding financial crisis, turning their attention to its effects on rapidly developing countries and poor nations at risk of being swept up in the turmoil.

IMF-World Bank begin annual meetings

WASHINGTON (AFP) - The International Monetary Fund and the World Bank began their annual meeting on Saturday under pressure to tackle the global financial crisis and minimize its impact on the world's poor.