WASHINGTON -- A grim tone of uneasiness about the world economic outlook hangs over this week's annual meetings of the International Monetary Fund and the World Bank, which formally open tomorrow.

U.S. and IMF officials were unusually frank in admitting that they are worried about the recession that has spread among the major industrial nations, with the notable exception of the United States and Canada.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.