* Editorial
* The Guardian, Monday 27 April 2009
* Article history
Well, that didn't take long. Just three weeks after leaders of the G20 countries agreed a historic deal to give $1.1 trillion in aid to crisis-hit economies, it seems to be unravelling. The back-slapping of the London summit gave way this weekend to the tension of the finance ministers' meeting in Washington. And many of their disputes came down to the International Monetary Fund. The IMF was the big winner of the London summit. It was made the main rescue vehicle to pull countries out of financial crisis and given up to $750bn in extra spending power. But as became clear this weekend, the money is still not agreed - and neither are plans to reform the Fund. (more)
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