Wednesday, February 02, 2011

IMF Says Ready to Help Egypt, Others in Trouble

The IMF Tuesday said it was ready to help riot-torn Egypt and other nations stricken by chronic unemployment, but told governments to tackle economic strains or risk instability and even "war".

International Monetary Fund chief Dominique Strauss-Kahn also said rising food prices could have "potentially devastating consequences" for poorer nations, and warned that Asia's fast-growing economies risked a "hard landing".'


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