Home
 
Choose Your City
Change City

IMF head warns of global wars

The world economy is beset by problems, such as high unemployment and rising prices, which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned yesterday.

SINGAPORE – The world economy is beset by problems, such as high unemployment and rising prices, which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned yesterday. Rising food and fuel prices in recent months have already hit poorer countries and are one of the factors behind massive anti-government protests in Egypt and Tunisia.

 
 
Consider AlsoFurther Articles