Markets

Police Crack Down on IMF/World Bank Activists

[in AlterNet] Jason Vest, SpeakOut.com WASHINGTON -- It was around 8 o'clock last Thursday evening when the buzzer rang in activist Adam Eidinger's apartment. Thinking that some of his fellow activists had arrived a bit early for a postering party, Eidinger buzzed the door open and stepped out into the hall.

World Bank, IMF Conference in Florham Park, N.J., Draws Protest

The Star-Ledger / By David Schwab The organizers of an international banking conference called to discuss the aftermath of the Asian financial crisis that disrupted world markets in 1998 appear slightly bewildered by the attention being focused on the event that opens tonight at a New Jersey hotel and runs through Saturday.

The IMF as ""A Crucial Cornerstone""

By ALAN COWELL / New York Times Laying out his vision of the future of the International Monetary Fund, Horst Kohler, the new managing director, said today that rather than shrinking as some critics have suggested, the fund should expand its role as "a crucial cornerstone" of globalization.

Seattle, Round Two?

Roni Krouzman, AlterNet Now that the tear gas has finally settled in Seattle, activists are planning their next assault on irresponsible global capitalism. Their latest target: the semi-annual meetings of the International Monetary Fund (IMF) and the World Bank, set to take place on April 16 and 17 in Washington, DC.

French, German Leaders Hail IMF Choice

Agence France Presse LISBON, March 23 (AFP) - French President Jacques Chirac and German Chancellor Gerhard Shroeder hailed Thursday the appointment of Germany's Horst Koehler as head of the International Monetary Fund (IMF), French sources said.

IMF Makes Horst Koehler its Chief at Pivotal Time

Agence France Presse / Virginie Montet WASHINGTON, March 23 (AFP) - The IMF executive board Thursday named Horst Koehler as the new managing director of the organization, handing him the reins of an institution struggling to redefine its own mission.

Protesters Threaten to Shut Down World Bank-IMF Meeting

By HARRY DUNPHY WASHINGTON (AP) -- Opponents of global financial powers threatened Tuesday to shut down World Bank and International Monetary Fund meetings next month, but pledged to avoid the violence that paralyzed Seattle during world trade talks.

EU Close to Okaying IMF Candidate

BERLIN (AP) -- Chancellor Gerhard Schroeder picked up support from more European Union partners today for Germany's new nominee to head the International Monetary Fund. But Schroeder declined to say whether he had won over the country that nixed the first candidate: the United States.