Western dominance must be reduced in the IMF

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When power trumps principle inevitably there are casualties. The process to replace Dominique Strauss Kahn as Managing Director of the International Monetary Fund (IMF) has been a sham – and has left the US and Europe defending the indefensible.

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Lifting the floor

Posted by & filed under Comment.

Amidst the jubilation over higher dairy prices that are boosting our flagging economy, spare a thought for those who are suffering. It has been a bad year for the 44 million people in poor countries who slipped into hunger since the surge of food prices in June 2010.

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