The global economy is going through a "synchronised slowdown", claimed the new managing director of the IMF, Kristalina Georgieva, during her inauguration speech.
The governor of the Bank of England, Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the International Monetary Fund.
Due to an understanding between the US and Europe, the head of the IMF has always been European, while the World Bank has always been led by an American.
The power struggle in Venezuela is hampering international assistance to the crisis-struck South American nation
Haiti’s government has suspended fuel price rises after angry protesters took to the streets.
The country also has to deal with a massive and costly influx of refugees from Syria & Iraq, for which it feels it does not get enough recognition or support.