Friday, December 16, 2011

IMF views world economies as gloomy

[ via BBC News / Busines ] 15 Dec 

IMF head Christine Lagarde has said the world economic outlook is "gloomy" and no country is immune from rising risks.

She said all nations, starting with Europe, needed to head off a crisis with risks of a global depression.

Lagards is qouted as saying:
"There is no economy in the world immune from the crisis that we not only see unfolding but escalating. It is going to be hopefully resolved by all countries, all regions actually taking action." 

Rad full story for details.

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