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Wednesday, September 30, 2009

IMF warns of further recession risks By Chris Giles in Istanbul

IMF warns of further recession risks

By Chris Giles in Istanbul

Banks round the world have still to reveal about half of their likely losses resulting from the financial and economic crisis, the International Monetary Fund said on Wednesday, warning that there was still a “significant” risk of another downward lurch in the global recession.

http://www.ft.com/cms/s/0/3d7b9bde-ad44-11de-9caf-00144feabdc0.html?nclick_check=1

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