Imf May Need More Cash for Poor Nations ; Economics

Evening Standard - London › January 12, 2009

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Summary

THE International Monetary Fund (IMF) says it may need another $150 billion ([pounds]98.87 billion) to help save emerging markets and poorer countries from disaster in the global economic recession.

Managing Director Dominique Strauss-Kahn says European leaders have failed to grasp the seriousness of the problems facing their region.

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Imf May Need More Cash for Poor Nations ; Economics

In Western Europe, governments ...

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