No place to hide for G8 leaders on foreign aid

International pressure to honor pledges of foreign aid contends with domestic imperatives to slash public spending. This is just one of the dilemmas facing leaders of the world’s most powerful economies at their summit starting on Thursday in the French town of Deauville.

IMF owes no favours to Europe

There’s a breathtaking arrogance in demands by European leaders to choose the next IMF head on grounds that the euro crisis dominates the IMF agenda.