Iran Has Its Back Against the Wall
-
The Iranian regime finds itself in its most difficult position 46 years
after the revolution that brought it to power. But does it mean the end?
37 minutes ago
Posts
Wednesday, October 10, 2012
Subscribe to:
Post Comments (Atom)
Seed Newsvine
.jpg)
"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.