VOL. XLIV

No 36

3-September-2001

OPEC

Republicans Introduce Bill ToHalt IMF Loans To OPEC States Hurting US Economy

Congressman Jim Saxton (R-NJ)last May introduced a bill aimed at preventing the International Monetary Fund(IMF) from providing new loans, except in exceptional circumstances, to anycountry that is acting to restrict oil production in a way that harms the USeconomy. The bill, which was referred to the congressional Committee on FinancialServices, also has the backing of Tom DeLay...