IMF: The West Is Stuck In Near Depression

The IMF's semi-annual meeting at its Washington headquarters in April. "In the end we aim at much more than just the right financial and economic policies," says IMF director Strauss-Kahn. "The ultimate goal of course is world peace through economic stability." DPA

Money Is Power: A Inside View Of The IMF's Massive Global Influence -- Spiegel Online

Three years ago, the International Monetary Fund was irrelevant, an object of derision for all opponents of globalization. Under director Dominique Strauss-Kahn and as a result of the global economic crisis, the IMF has since become more influential -- governing like a global financial authority. It is also putting Europe under pressure to reform.

The building that houses the headquarters of the global economy is a heavily guarded, 12-story, beige structure in downtown Washington with a large, glass atrium and water bubbling in fountains. The flags of the 187 member states are lined up in tight formation.

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More News On The IMF

IMF admits that the West is stuck in near depression -- The Telegraph
Wall Street Sees World Economy Decoupling From U.S. -- Bloomberg
I.M.F. Warns of Long Road Ahead for Full Reform -- New York Times
Global financial system needs more reforms: IMF -- Rediff
Currency war fears tinge IMF meetings -- Reuters
IMF urges cooperation to prevent 'currency war' -- AFP
IMF says China policy to help yuan revalue -- Reuters
E.U. Ministers Agree on Proposal to Overhaul I.M.F. Board -- New York Times
EU set for changes to IMF board -- Financial Times
IMF says Iraq has made good progress with its economy -- BBC
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