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View Full Version : A Christmas Day Global Economy Warning From IMF



Kathianne
12-25-2011, 03:46 PM
http://news.yahoo.com/imfs-lagarde-warns-global-economy-threatened-124931514.html


MF's Lagarde warns global economy threatenedhttp://l.yimg.com/bt/api/res/1.2/FZN6924R0WZ__x92.x6.GA--/YXBwaWQ9eW5ld3M7Zmk9Zml0O2g9Mjc-/http://media.zenfs.com/en_us/News/logo/reuters/d0c3eb8ca18907492a4b337b5cec5193.jpeg (http://us.lrd.yahoo.com/SIG=11bkt13o3/EXP=1326055386/**http%3A//www.reuters.com/)<cite class="byline vcard">Reuters – <abbr title="2011-12-25T12:49:31Z">7 hrs ago

</abbr></cite>PARIS (Reuters) - The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.


In Nigeria last week, IMF Christine Lagarde said the IMF's 4 percent growth forecast for the world economy in 2012 could be revised downward, but gave no new figure.


"The world economy is in a dangerous situation," she told France's Journal du Dimanche in an interview published on Sunday.


The debt crisis, which continues into 2012 after a European Union summit on December 9 only temporarily calmed markets, "is a crisis of confidence in public debt and in the solidity of the financial system," she said...