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IMF: Leaders need to think beyond Europe

09-22-2012 05:09 BJT

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IMF chief Christine Lagarde says world leaders need to think beyond the eurozone crisis as there are "challenges everywhere".

She suggests asserting a medium-term plan for countries like the US and Japan, to make sure the issues that created the crisis are really dealt with. The IMF has previously warned that the Japanese financial system is at a "critical crossroad", while banks in the US were blamed for their role in the credit crunch and subsequent global economic meltdown.

Speaking ahead of key meetings for the IMF and the World Bank early next month, Ms Lagarde also says, when it comes to decision making, political leaders need to take cooperative ACTION, not just cooperative talk.

 

Editor:Zhang Dan |Source: CCTV.com

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