IMF staffers resigned to calling off meetings

Thursday, September 13, 2001
By Mark Egan, Reuters


WASHINGTON — Staff at the International Monetary Fund and World Bank were 
resigned Wednesday that their upcoming annual meetings at the end of September would 
be called off, saying an announcement was expected within days. 

"The meetings are going to be called off," an IMF source told Reuters, adding that the 
lender was awaiting word from the U.S. Treasury — the official host of the 
Washington summit — before making an official announcement. The source said an 
announcement was "at least two days away." 

D.C. Police Chief Charles Ramsey on Tuesday urged the international lenders to call 
off their meetings in the aftermath of terror attacks that caused both towers of New 
York's famed World Trade Center to collapse. The attacks also saw a hijacked plane 
crash into the Pentagon, costing many lives and putting local police and emergency 
workers into crisis mode. 

Washington Mayor Anthony Williams told local radio station WAMU Wednesday there were 
"strong arguments" in favor of calling off the meetings in light of security concerns. 

With tens of thousands of protesters expected at the meetings, slated to take place at 
the end of September, sources at the World Bank said the lenders had no desire to put 
Washington through any more trouble so soon after Tuesday's horrific events. Early 
estimates of the loss of life at the Pentagon range from 100 to 800 people. 

"They will leave it for a couple of days before making an announcement," one World 
Bank staffer told Reuters. 

Among the problems posed for local police is how to manage crowd control in the face 
of an expected massive protest in Washington. Police had said they would rely heavily 
on officers drafted from New York and elsewhere to help staff the event. But given the 
massive operations in downtown Manhattan, it now seems impossible for the city to 
spare its own much-needed police to help Washington tackle antiglobalization 
protesters. 

Protests at global financial summits have grown increasingly violent recently, with 
one protester killed in clashes with police at a mid-July summit in Genoa, Italy. 

IMF spokesman Bill Murray and World Bank spokeswoman Caroline Anstey both said no 
decision had been made but that the meetings will be discussed in the coming days. 
"This is an issue that will be reviewed in the coming days," Murray said. 

As the host country of the meetings, the United States advises the World Bank and IMF 
about security details of the meetings in Washington. Police were bracing for as many 
as 100,000 protesters to take part in violent demonstrations against the policies of 
both institutions. 

One of the main protest organizers, the Mobilization for Global Justice, is mulling 
its options including whether to curtail or downsize some of the protests. 

The annual meetings bring together finance ministers and central bank governors from 
around the world to discuss the global economic situation. The event, currently 
scheduled for Sept. 29 and 30, had already been shortened to two days because of the 
threat of violent protests. 

In the worst attack on American soil since Pearl Harbor in 1941, three hijacked planes 
slammed into the Pentagon and New York's World Trade Center on Tuesday. Two of the 
planes demolished the New York landmark's two 110-story towers that have symbolized 
U.S. financial might. Later in the day a third and smaller WTC tower that had been 
burning also collapsed. 

Officials fear the number of victims could climb into the thousands at the trade 
center, where 40,000 people worked. 

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