IMF arms itself with $430 billion new funding
The International Monetary Fund has almost doubled its 'fire power' to protect the world economy against deepening debt turmoil in Europe with the Group of 20 nations, including India, pledging $430 b
IMF likely to reach $400 billion firewall target: Japan
The IMF looks set to receive the $400 billion it needs to boost a global firewall and help stem Europe's debt crisis, Japan's finance minister said.
"I think it is becoming highly possible that we wi
Lagarde assures IMF able to boost crisis funds
IMF head Christine Lagarde said on Thursday that the crisis lender would get a significant boost to its intervention capacity this week as worries mounted that Spain might be the next eurozone country