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No asset can be viewed as truly safe

Global Financial Crisis

Global Financial Crisis

Washington – The global financial crisis and concern about debt levels in many advanced economies showed no asset could be viewed as truly safe, the International Monetary Fund (IMF) said on Wednesday. [Read more…]

Lagarde, Carstens shortlisted for IMF

 

Christine Lagarde

Christine Lagarde

French Finance Minister Christine Lagarde and Governor of the Bank of Mexico, Agustin Carstens, are the two candidates to be considered for the top job at the International Monetary Fund (IMF).

This comes after nominations for the managing director post opened at the fund on 23 May following the resignation of Dominique Strauss-Kahn owing to sexual assault charges in the US. [Read more…]