Lagarde calls for larger firewall to ease funding costs


Christine Lagarde, managing director of the International Monetary Fund (IMF), on January 23 again called on the international community to take urgent collective action to save the world economy from a downward spiral.

At the German Council of Foreign Affairs in Berlin, Germany, Lagarde said there was a need to step up the Fund's lending capacity. "The goal here is to supplement the resources Europe will be putting on the table, but also to meet the needs of other countries, anywhere in the wor

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