Lagarde calls Arab Spring a ‘beacon of light’


Christine Lagarde, managing director of the International Monetary Fund (IMF), on Tuesday said she was hopeful for the economic potential in countries affected by the Arab Spring uprisings.

Speaking at the Woodrow Wilson Center in Washington, DC, Lagarde discussed the "historic" transformation happening in the Middle East and North Africa. "Amidst a darkening economic outlook and waning confidence, the Arab Spring still shines as a bright light and a beacon of hope; a symbol of what can be

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