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Showing posts with label Europe’s financial crisis. Show all posts
Showing posts with label Europe’s financial crisis. Show all posts

Wednesday, June 20, 2012

China Leads Nations Boosting IMF’s Firewall to $456 Billion

Emerging-market nations including China and Brazil formalized funding pledges to the International Monetary Fund, helping to almost double its lending power to protect the world economy from Europe’s debt turmoil.