JACKSON HOLE, Wyo (Reuters) - The new head of the IMF on Saturday urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.
Reuters: Top News, Reuters
Sat, 08/27/2011 - 11:08am
JACKSON HOLE, Wyo (Reuters) - The new head of the IMF on Saturday urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.