Democrat endorses Republican candidate in key Michigan Senate race as party
spat erupts
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The move by Haley Stevens, who lost out on the Democratic Senate nomination
to Abdul El-Sayed, was called a "despicable betrayal" by one top Democrat.
1 hour ago
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"We expect action and we expect courageous and cooperative action on the part of our members," Lagarde told reporters ahead of the IMF's twice-yearly meetings in Tokyo.
ReplyDeleteThe slowdown has not spared emerging market economies, which were instrumental in pulling the global economy out of recession in 2009. Brazil cut interest rates on Wednesday and South Korea on Thursday.
"Developing countries, which have been the engine of growth, will not be immune the increased uncertainty in the global economy," said World Bank President Jim Yong Kim.