Today IMF released its latest report on global financial markets (well worth a read – see link). Financial markets have worsened as evidenced by pressure on bank balance sheets, and problems will broaden as credit deterioration widens. IMF recommends transnational stabilization efforts. Direct link to report:
Newest and gloomier IMF report: worsening global financial markets
January 29, 2008 · Leave a Comment
Categories: Economy · IMF · banks · credit · credit derivatives · credit markets · deleveraging · derivatives · economic forecast · economic outlook · economic stimulus · economy 2008 · global financial markets · recession
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