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From Seattle Nwod

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The International Monetary Fund (IMF) and what is now known as the World Bank, were set up to manage the post-World War II global economy.
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An Easter strike by fuel tanker drivers has been ruled out by the Unite union.
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They were conceived in 1944 at a conference in Bretton Woods, in the US state of New Hampshire.
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It is to join conciliation talks and says there may still be a strike after Easter if those fail.
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By fostering economic cooperation and helping countries with balance of payments problems the founders hoped to avoid a repeat of the 1930s Great Depression.
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Government advice to drivers to top up tanks has been blamed by retailers for causing "panic buying". Demand for petrol rose 172% on Thursday, and diesel 77%, said independent experts.
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The IMF aims to preserve economic stability and to tackle - or ideally prevent - financial crises. Over time, its focus has switched to the developing world.
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In York, a woman suffered 40% burns on Thursday when petrol ignited as she was decanting it in her kitchen.
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The World Bank's predecessor - the International Bank for Reconstruction and Development - was set up to drive post-war recovery.
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The union announced on Friday morning that there would be no strike over Easter.
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Now, it is the world's leading development organisation, working for growth and poverty reduction.
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In a statement, assistant general secretary Diana Holland said: "We do still retain the right to call strike action for after Easter should those talks break down."
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Owned by the governments of its 187 member states, the Bank channels loans and grants and advises low and middle-income countries.
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Some 90% of UK forecourts are supplied by the Unite union's 2,000 or so members at the centre of the dispute.
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The IMF is funded by a charge - known as a "quota" - paid by member nations. The quota is based on a country's wealth and it determines voting power within the organisation; those making higher contributions have greater voting rights.
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Unite's drivers, who deliver fuel to Shell and Esso garages and supermarkets such as Tesco and Sainsbury's, have called for minimum working conditions covering pay, hours, holiday and redundancy.
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The IMF acts as a lender of last resort, disbursing its foreign exchange reserves for short periods to any member in difficulties.
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Conciliation service Acas says it hopes talks between employers and unions will take place shortly after Monday.
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Contingency plans
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Since they were conceived, the IMF has been run by a European and the World Bank by a US national.
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Queues formed at many petrol stations across the country on Thursday as demand for fuel rose.
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Continue reading the main story
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�Start Quote
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The IMF and the Bank have served as a rallying point for disparate causes - from environmentalists to anarchists - and meetings have occasionally been accompanied by violent street protests.
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    It is for the employers and unions to resolve their issues by getting around the negotiating table and talking�
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Protesters and critics cite the exploitation of the poor and the environment and argue that freer trade threatens the livelihoods of millions of people.
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DECC spokeswoman
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The IMF has admitted that forcing developing countries to open their markets to foreign investors can increase the risk of financial crises.
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Some garages ran dry but retailers said they were coping and normal deliveries would ensure supplies were replenished.
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Its former managing director Horst Koehler said in 2002 that the benefits of globalisation had not been equally shared. But he added that "the objective should not be less globalisation but more and better globalisation."
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Anticipating a strike they describe as "completely wrong", ministers have called for motorists to keep their cars "topped up" but urged people not to queue.
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On Thursday, Energy Secretary Ed Davey advised that people "just need to do the sensible thing... get a full tank of petrol, not a half-tank".

Revision as of 01:49, 10 October 2012

An Easter strike by fuel tanker drivers has been ruled out by the Unite union.

It is to join conciliation talks and says there may still be a strike after Easter if those fail.

Government advice to drivers to top up tanks has been blamed by retailers for causing "panic buying". Demand for petrol rose 172% on Thursday, and diesel 77%, said independent experts.

In York, a woman suffered 40% burns on Thursday when petrol ignited as she was decanting it in her kitchen.

The union announced on Friday morning that there would be no strike over Easter.

In a statement, assistant general secretary Diana Holland said: "We do still retain the right to call strike action for after Easter should those talks break down."

Some 90% of UK forecourts are supplied by the Unite union's 2,000 or so members at the centre of the dispute.

Unite's drivers, who deliver fuel to Shell and Esso garages and supermarkets such as Tesco and Sainsbury's, have called for minimum working conditions covering pay, hours, holiday and redundancy.

Conciliation service Acas says it hopes talks between employers and unions will take place shortly after Monday. Contingency plans

Queues formed at many petrol stations across the country on Thursday as demand for fuel rose. Continue reading the main story �Start Quote 

   It is for the employers and unions to resolve their issues by getting around the negotiating table and talking�

DECC spokeswoman

Some garages ran dry but retailers said they were coping and normal deliveries would ensure supplies were replenished.

Anticipating a strike they describe as "completely wrong", ministers have called for motorists to keep their cars "topped up" but urged people not to queue.

On Thursday, Energy Secretary Ed Davey advised that people "just need to do the sensible thing... get a full tank of petrol, not a half-tank".

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