IMF: World on brink of recession; prepares special loan program

Thursday, October 9, 2008 The head of the International Monetary Fund (IMF) says the world is on the brink of a global recession but predicts the economy will begin to recover by late 2009. Dominique Strauss-Kahn, Managing Director of the IMF, stressed nations must work together to avert a global recession and warns there is “no domestic solution” to the […]

Australian governments to spend $1.1 billion on mental health

Saturday, February 11, 2006 Australian Prime Minister John Howard and state and territory leaders have promised to spend an extra AU$1.1 billion on mental health over the next five years. The funding is part of a broad strategy to improve the standard of mental health care, and includes additional places for medical students and a national phone advice network. The […]