The International Monetary Fund and World Bank have held their spring meetings at the World Bank building in the US capital, Washington DC.
They discussed the outlook of the global economy, and the challenges that lie ahead.
It’s the fourth year of the global financial crisis, and the world economy is slowly picking up. But there are still great vulnerabilities and uncertainties.
That’s the message world financial leaders are sending out from their spring meeting.
World Bank President Robert Zoellick says the surge in food prices is the biggest threat to the world’s poor, pushing 44 million more people into poverty over the past year.
Robert Zoellick, World Bank President, said, “Of particular concern is food prices. This is the biggest threat today to the world’s poor, where we risk losing a generation. We are one shock away from a full-grown crisis. The financial crisis taught us that prevention is better than cure. We cannot afford to forget that lesson.”
Congressman Wants Ticking Debt Clock Installed on House Floor… Perhaps Not a Bad Idea!!
Video: Collapse (Full Movie)
The Con of the Decade Part I
After today’s warning of Lowering American Credit Rating, Raising the Debt Limit Cannot Even Be a Consideration!!
This is perhaps our last ‘warning’ before the hammer falls that we must stop spending or make our government be responsible!
NO ON RAISING THE DECT CEILING… CALL THE HOUSE, SENATE AND WHITE HOUSE TODAY!!