The IMF warned that the situation was grave and could escalate into a wider downturn unless national leaders ended their disputes with a long-lasting deal. As eurozone finance ministers met in Luxembourg for crisis talks and the launch of the euro’s permanent rescue fund, the IMF urged Europe and the US to promote growth to help major developing economies like China, Brazil and India . IMF warns of fresh global crisis unless eurozone finds a fix | Business | The Guardian.
- IMF cuts global growth forecasts – FT.com
- China’s development roadmap inspires Africa