Monday, February 25, 2008

New subprime losses main risk to world growth - IMF

Feb 26, 2008

OUAGADOUGOU, Burkina Faso (Reuters) - World economic growth could miss the International Monetary Fund's forecast of 4.1 percent this year if U.S. and European banks disclose more major losses on the subprime market, the head of the IMF said on Monday.

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