IMF in global meltdown warning

Strauss-Kahn said rich nations had so far failed to restore confidenceThe world financial system is teetering on the “brink of systemic meltdown”, the head of the International Monetary Fund (IMF) has warned in Washington.Dominique Strauss-Kahn said rich nations had so far failed to restore confidence, but he endorsed a new action plan by the [...] continue reading the breaking news