The conclusion of the recent meeting between International Monetary Fund and World Bank painted a gloomy picture of the world economy. The feeling of shock was quite apparent throughout without any trace of optimism. Ineffective world governance, especially among developed countries, could be one of the reasons for failures. US economic conditions keep forcing Federal Reserve to hike up rates causing US dollar to rise above expected levels. Other economies walk on the footsteps of their big brothers, lest their currency may crash. Some of the middle-to-lower income nations, are buried under heavy loans, unable to clear their debts. Can IMF and World Bank rescue the world from such crisis, if they had more power and resources? Will the "Superpowers" pay heed to what is being expected from them, or will they continue with their rhythm on which their existence depends? Geopolitical issues are taking a brisk walk, with US warning OPEC for cutting oil production, whil...