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IMF beefs up lending tools as debt crisis spreads

The IMF beefed up its lending instruments and launched a six-month liquidity line, throwing help to countries with solid policies that may...

Europe’s leaders take another swing at debt crisis

European leaders meet for a high-profile summit that they hope will produce a clear plan to tackle the sovereign debt crisis that...

Under fire, Europe works to bolster debt crisis fund

uropean policymakers began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy after...

Africa can weather crisis, but risks loom: AfDB

Strong growth prospects and double-digit returns for investors will help shield Africa from the debt crisis enveloping the western world, the chief...

Greek PM cancels U.S. trip as debt crisis deepens

Greek Prime Minister George Papandreou cancelled a planned visit to the United States to deal with a deepening crisis at home, days before European...