Wednesday, July 30, 2008

IMF predicts no end in sight to credit crisis

The International Monetary Fund says there’s no end in sight to the credit crisis gripping world financial markets.As Australia’s NAB and ANZ have already discovered, the IMF believes banks are in for more pain as mortgage defaults soar and economies slow. The IMF has a particularly gloomy assessment of the US economy, and it came on the...

read more | digg story

No comments:

6-21-2026

Trump threatens to charge U.S. tolls in Strait of Hormuz if final Iran deal not reached in 60 days Delaying clean energy is what really make...