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The heads of the World Bank and International Monetary Fund told 12 African leaders it would be impossible to cancel the entire debt of the world's poorest nations, as many have asked. Read More

The police used water cannons and steel fences to stop protesters on Saturday from getting within a mile of the World Economic Forum's Annual Meeting in Davos. Read More

In his first media interview since his party's landslide win in the Jan. 6 national election, telecommunications tycoon Thaksin Shinawatra also said his government would try to soften the ''tough'' terms imposed on Thailand by the International Monetary Fund (IMF). Read More

Up to 10,000 people gathered in downtown Sofia on Wednesday to protest the country's unemployment, poverty and temporary-employment contracts. Read More

But these jujitsu tactics may be running out of steam. Political momentum against the IMF ratcheted up in recent weeks, when the Meltzer Commission, a bipartisan advisory commission to the U.S. Congress, released its report. Read More

Leaders of the Southern Africa Development Community Tuesday called on the international community to cancel all foreign debts owed by Mozambique. Read More

During the past few days a good deal of coverage has been focused on the Meltzer Commission Report on the International Financial Institutions, and what it might mean for the World Bank. Let me take this opportunity to lay out some real concerns that we at the bank have, and also to set the record straight. Read More

Mozambique, hit by the worst floods in 30 years, is having to pay $1.4 million a week in debt service, the Jubilee 2000 Coalition revealed in a statement to the press on 23rd February. Read More

Thailand -- The outgoing chief of the International Monetary Fund got a rude retirement present Sunday when an American anti-free trade activist penetrated security at a trade conference and hit him with a pie in the face. Read More