Washington Republican Rep. Cathy McMorris Rodgers moderated a “Women’s CEO Panel on Jobs and the Economy” on Monday, where The Daily Caller spoke to her about the European Union debt crisis. (more)
WASHINGTON (AP) — Top global finance officials are pledging to work decisively and in a coordinated way to deal with a European debt crisis and other dangers confronting the global economy. (more)
WASHINGTON (AP) — The International Monetary Fund says the global financial system faces more challenges than at any point since the 2008 financial crisis. (more)
WASHINGTON (AP) — The International Monetary Fund’s new chief foresees “real nasty consequences” for the U.S. and global economies if the U.S. fails to raise its borrowing limit. (more)
WASHINGTON (AP) — The International Monetary Fund warned U.S. lawmakers Wednesday that a failure to raise the nation’s borrowing limit would pose serious risks to the global economy and financial markets. (more)
Despite our own huge debt problems, President Obama wants to pledge billions of dollars (if he can get the Chinese to loan us the money) to the International Monetary Fund to help the EU bail out Greece. Instead of listening only to his Euro-elite chums, Obama would benefit from a conversation with the no-nonsense folks in Finland’s True Finn party. I recently met with some party leaders in Helsinki and learned that True Finns are causing a ruckus not just in Finland but in the entire EU for their steadfast opposition to the Greece/Spain/ Portugal/Ireland bailouts, and the party’s popularity is surging as a result. (more)
As the IMF gets ready to choose a successor to Dominique Strauss-Kahn, who resigned following his arrest on charges that he sexually assaulted and raped a hotel housekeeper, it would be a good thing to step back for a moment and ask: What should the IMF do? (more)
Imagine the following scenario: Your irresponsible teenage son has spent far beyond his monthly allowance. As a result, he’s overdrafted his bank account and incurred a nasty bank fee. Now, as a parent struggling to pay your own bills, which of the following two reactions would you choose? Would you be inclined to discipline your child and make him pay his debt? Or would you think it better to increase his future allowance in the hope he stays on budget next time? Any responsible parent knows the answer to this simple question. Only in Washington could this sort of common-sense, kitchen-table logic be puzzling. (more)
Greece’s austerity drive may pass its first test this week as a European Union-led mission prepares to dole out more rescue funds for a government trying to cut the euro-region’s second-biggest budget gap and weather a recession. (more)
The International Monetary Fund board has approved a $40 billion bailout for Greece, almost one year after the Senate rejected my amendment to prohibit the IMF from using U.S. taxpayer money to bailout foreign countries. (more)
The battle for the presidency of Ukraine continued to hang in the balance today as Viktor Yanukovych edged closer to victory and his bitter rival Yuliya Tymoshenko refused to concede defeat. (more)
UN troops and Haitian police are struggling to maintain order a fortnight after the earthquake that killed 200,000 people and left more than a million homeless. (more)
TOKYO (AP) — The head of the IMF said China and other developing Asian economies are leading a global recovery that is faster and stronger than expected, but warned that money rushing into emerging markets could lead to asset bubbles. (more)

























