Bored With Debt
FOR John Major, attending his first IMF, the experience has not been much fun. He came by way of Trinidad, where he un- veiled to the Commonwealth finance ministers his new plan......
Half A Prescription
WHAT is the cure for a contraction of credit? Bagehot's prescription has stood the test of time: dear money, but plenty of it. What mattered, he said, was not that credit should......
City And Suburban
Racked with guilt and fear, the world's bankers turn to prayer CHRISTOPHER FILDES he world's bankers gathering here for their annual reunion at the meetings of the International......
Olive Branch
AS IMF meetings go, this one is almost sober. Popular parties have vanished from the calendar. No circus from Citicorp, no garden-party from the Midland, and an important policy......