Crisis not over, says IMF head.Byline: The International Monetary Fund (IMF IMF
See: International Monetary Fund
See International Monetary Fund (IMF). ) managing director Dominique Strauss-Kahn Dominique Strauss-Kahn (born 25 April 1949 in Neuilly-sur-Seine; often referred to as DSK) is a French economist, lawyer, and politician, member of the social-democrat Socialist Party (PS). said the crisis is far...
Summary: The International Monetary Fund (IMF) managing director Dominique Strauss-Kahn said the crisis is far...
The International Monetary Fund (IMF) managing director Dominique Strauss-Kahn said the crisis is far from over during a BBC World
BBC World is the BBC's international news and current affairs television channel. It has the biggest audience of any BBC channel. debate ahead of the Group of Seven (G7) summit in Istanbul.
"No way can we say that the crisis is over," he said, echoing sentiment leaders from G7 nations expressed earlier this week.
US President Barack Obama on Friday said the job losses were "a sobering so·ber
adj. so·ber·er, so·ber·est
1. Habitually abstemious in the use of alcoholic liquors or drugs; temperate.
2. Not intoxicated or affected by the use of drugs.
3. reminder that progress comes in fits and starts."
"We're going to need to grind out Verb 1. grind out - produce in a routine or monotonous manner; "We have to crank out publications in order to receive funding"
produce, bring forth - bring forth or yield; "The tree would not produce fruit" this recovery step by step," he added.
Meanwhile, French Finance Minister Christine Lagarde said "I have my eyes riveted on the unemployment rate."
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