In its global financial stability report(see full file PDF link on this page),released today, the IMF warned that the challenges to restoring financial stability remain significant. The credit deterioration is taking an increasing toll on banks balance sheets as the issue of " toxic assets" remains largely unresolved....
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Showing posts with label global financial crisis. Show all posts
Showing posts with label global financial crisis. Show all posts
Tuesday, April 21, 2009
Sunday, March 8, 2009
Global Economic Crisis:World Bank Financial Report Grim.
Developing nations are facing a massive financing shortfall of up to $700 billion this year as private investment evaporates and global trade collapses, threatening to return many countries to the days of heavy reliance on foreign aid, the World Bank warned yesterday.This could have dire consequences as US & Europe generosity decreases.....
read more | digg story
read more | digg story
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