IMF warns economic crisis will continue
International Monetary Fund managing director Dominique Strauss-Kahn has warned that the world has not yet fully recovered from the global economic crisis, despite positive signs from various countries around the world, particularly Europe.
Strauss-Kahn said some leaders were being too complacent: “In the minds of too many — not only regular people but also top politicians — the financial crisis is already behind us. That way of thinking is dangerous.
“The global economic crisis continues despite the fact that Germany and France saw some positive growth figures for the last quarter.”
The director said unemployment would continue to be an issue and capital regulations for banks would need to be tightened.
Got something to say? Join the export forum here at DynamicExport.com.au.
