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By Marlene Y. Satter, AdvisorOne |
October 10, 2012
The IMF said that if political leaders fail to quell the fiscal crisis, it foresees European banks having to sell up to $4.5 trillion in assets through 2013.
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By Gil Weinreich, AdvisorOne |
June 17, 2011
In its bimonthly World Economic Outlook, the IMF revised downward its estimate of U.S. GDP for 2011, and IMF official Jose Vinals said America's debt problems were on par with Greece, Ireland and Japan.