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Linkages growing stronger says IMF chief economist

Luis Alberto Moreno takes over as head of the Inter-American Development bank on October 1.

Brazil's finance minister Antonio Palocci remains steadfast in his belief that healthy economic fundamentals will limit the fallout from burgeoning scandals.

As prices go through the roof, a structural change in demand may have already set a new floor The immediate aftermath of Hurricane Katrina pushed oil prices above $70 a barrel this month. A barrel of West Texas Intermediate cost $10 as recently as 1998

Security officials expect a quieter week in Washington than they had last year, when the meetings were overshadowed by terrorist threats.

Strong economic indicators mask an altogether more unsettling picture for Argentina: investment is flagging; a credit bottleneck could yet stifle growth

Hugo Chavez is using his country's oil wealth to bolster regional ties while bailing out ailing neighbours. But his strategy hinges on a lasting oil boom

Brazil issued its first global bond in its own currency this week, attracting $1.5 billion from overseas investors and helping to reduce the mismatch between its Real assets and its dollar liabilities.

Hu Xiaolian, deputy governor of the People's Bank of China (PBC), has re-affirmed her country's commitment to a more flexible currency regime, and looks forward to a day when the central bank would be able to 'let the market decide' exchange rates.

Rich countries, including the US, are coming around to the view that poorer countries should have greater representation in the World Bank and the IMF, Ariel Buira, the director of the G24 secretariat told Emerging Markets yesterday. Governance reform at the institutions will top the agenda at tomorrow's meeting of the G24, the intergovernmental group on International Monetary Affairs and Development. It will focus on how to increase representation for poorer countries and to shake up the voting structure at the Fund and the Bank.

Economy Minister of Uruguay, Danilo Astori, speaks to Emerging Markets

Discussions on a strategic review of the IMF will bring into sharp focus crises of identity, management and morale, Washington insiders have told Emerging Markets. It could also face financial problems in future, they warn.