Trading paper wealth for real assets

The spending of the oil wealth will suck in imports, provide a medium-term economic boom and might swiftly and radically realign the global order of which countries boast what combination of real wealth, jobs and durable economic activity.

IMF letters page

Newcomers to the IMF/World Bank meetings could find the event overwhelming.

China: Two sneak through

China has so far allowed just two foreign investment banks to strike deals to manage domestic securities firms.