The UN secretary-general, Ban Ki-moon, pressed debt-ridden donor countries on Monday not to cut aid to the poor despite their budgetary woes.

WASHINGTON, 26 APRIL: Emerging economies, including China and India, were given a greater voice at the World Bank, as member nations approved a slight shift of voting shares in favour of developing countries, while agreeing to raise more money for global aid.

Pallavi Aiyar / Brussels April 20, 2010, 1:26 IST

Vital talks between Greek officials, the European Union, International Monetary Fund and European Central Bank were put off due to the havoc wreaked by Eyjafjallajokul

Could it be time to exhale?

The International Monetary Fund is working on proposals for amultibillion dollar "green fund" to help countries tap funds to deal with the effects of climate change, the head of the institution said on Saturday.

IMF plans kitty to help poor countries mitigate climate impact
Agencies DAVOS

It is the crisis of negative Keynesianism that is at the heart of the current critical point, and which is leaving its global institutions

Forty-eight hours after an earthquake devastated the Haitian capital of Port-au-Prince, the first emergency assessment teams were yesterday still trying to establish just how many people had died.

The sketchy picture from the area underlined the mammoth task facing an international rescue mission that swung into action yesterday.

The knives are out in Copenhagen. Forget a global legal agreement on climate care, even getting an encouraging public posture by the world

The focus must be on consumption and not production patterns, and reducing per capita emissions of developed countries must be the first step.