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...functions. In the future, European countries will no longer have an automatic right to pick its managing director, as they do at present. And through a reform of its arcane shareholding or "quota" system, the domination of policy by the U.S. and other developed economies will give way to a more balanced system of governance, under which developing countries such as Brazil, China and Russia will have a greater say. The IMF's focus is supposed to shift, too: the G-20 wants it to play a more active role as global economic cop, monitoring policy among the major advanced...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...causing a national economic "catastrophe" and spurned its help when he started rebuilding Argentina's shattered economy in 2003. It probably helped that shortly before the G-20 announcement, the IMF gave the world a peek at its new, softer and more generous self, by agreeing to give Mexico a credit line of up to $40 billion. Mexico isn't in the same sort of crisis that has driven it to the IMF several times in the past 30 years, but it wanted backup financing agreed just in case. Tellingly, the IMF extended the credit line through a new facility...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...usual production that we have been having, we could have won today.”BROWN 8, HARVARD 1Leadoff man Dillon O’Neill walked to open the game and came around on Stack-Babich’s two-out single to give Hulse an early lead, but the Crimson offense would be dormant for the rest of the game.Harvard enjoyed a lead for the first time all weekend, and remained ahead as Hulse worked three hitless innings. But the Bears fought back to tie the contest with a two-out RBI of their own from Dan Shapiro...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Crimson Quiet as Brown Nabs Crucial Sweep | 4/20/2009 | See Source »

...weekend. However, Harvard wound up on the other side of a 6-1 run during the second half, forcing the game into overtime. Both teams were scoreless in the first overtime period, but Brown junior Lauren Presant scored with 1:22 left in the second overtime period to give the Bears a hardfought victory.“In the first quarter against Brown we came out hard and focused and we played the best two quarters we ever played,” freshman Shannon Purcell said. “We played really well as a team and we?...

Author: By Brian A. Campos, CONTRIBUTING WRITER | Title: Championship Split Leaves Playoff Fate Unknown | 4/20/2009 | See Source »

...Bears responded with a breakout sixth inning of their own in the second contest, scoring seven runs with two outs and winning the game, 11-5.“We did well staying on them—they would score, we would score, never giving up, never letting down,” said rookie first baseman Whitney Shaw. “We should have prevented that runaway inning and should have just stopped the bleeding before it got bad, but we did make a good effort at the end to try to come back.”BROWN 11, HARVARD...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Pitching Troubles Lead to Saturday Split | 4/20/2009 | See Source »

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