The International Monetary Fund groups 188 countries; its aim is to secure financial stability.
One of the organization's stated objectives is making financial resources available to member countries to meet balance of payments needs. The IMF therefore plays an important role in solving the crises of countries threatened by bancruptcy. Its headquarters are in Washington, D.C., United States, it current managing director is Christine Lagarde, a former French finance minister. This page collates recent DW coverage concerning Lagarde and the IMF.
Kenneth Rogoff, a professor at Harvard University and a former chief of the IMF, spoke to Deutsche Welle on the sidelines at Davos about BlackRock's decision to set up a $500 million sustainable investment fund. He also discussed the general need for big business to change to meet the needs of the climate.
In the past year, unrest in Latin America has made the headlines, as well as the huge cleft between rich and poor, and dissatisfaction with the government. The reasons might be different in every country, but they all have one problem in common: their faltering economies.
Thousands of teachers in the Venezuelan public sector began strike action on Tuesday to demand better working conditions from the government of President Nicolás Maduro. The protests in at least 17 of the 23 states were mainly peaceful, but in some towns there was friction between teachers and supporters of the socialist government.