Receive Breaking News updates as they occur
Washington's use of its de facto veto at the International Monetary Fund to block reforms giving emerging countries a greater say is jeopardizing the IMF's credibility, its leader said. The IMF has been caught up in a protracted, politically charged battle over reforms intended to reflect the changing global economy by giving emerging giants such as China more weight at the Fund. "It is an issue for the credibility and the representativeness of the institution, particularly vis-a-vis the under-represented countries," IMF Managing Director Christine Lagarde said at the Fund's annual meeting in Lima, Peru.
ST. LOUIS (AP) — John Lackey outpitched old teammate Jon Lester, allowing two hits into the eighth inning, and rookies Tommy Pham and Stephen Piscotty each homered late as the St. Louis Cardinals cooled off the Chicago Cubs with a 4-0 victory Friday night in the opener of their NL Division Series.
BOSTON (AP) — A defamation lawsuit brought against Bill Cosby by three women who say he sexually abused them decades ago can move forward, a federal judge in Massachusetts ruled Friday, delivering a legal blow to the comedian as he attempts to defend himself against accusations of sexual assault by dozens of women.