Monday, May 16, 2011

My Way News - IMF crisis opens the door to emerging nations
My Way News reports: "The arrest of Dominique Strauss-Kahn has plunged the International Monetary Fund into a leadership dilemma just as it's playing a key role in addressing Europe's debt crisis and other global challenges [...] The 187-member IMF lends money to countries unable to pay their debts. The World Bank provides loans to poor nations for building roads, dams and other development projects."

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