The Inter-American Development Bank, Haiti's leading single creditor, should agree to a debt moratorium to help the quake-ravaged country recover, a US Senator said Monday. Democratic Senator Kirsten Gillibrand urged US Treasury Secretary Timothy Geithner to press the IDB for a moratorium on the 429 million dollars Haiti owes the bank so that the country may focus on disaster ...

Latin America and the Caribbean are well placed to emerge from the storm buffeting much of the global economy, multilateral lenders said here Friday while meeting with regional ministers. The finance ministers gathered at Vina del Mar in Chile agreed to seek "a more active role from multilateral lending institutions" for the crisis but also for after the crisis, said ...