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IMF beefs up lending tools as debt crisis spreads

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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

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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

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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

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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

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