The head of the International Monetary Fund Dominique Strauss-Kahn warned that the world economy can survive the next round of reduction and to get into the so-called dual recession, reports BBC. He advised the parties not to suspend incentive packages for the housekeeper, who last year brought to curb the decline in the national economy. He added that currently China and Asian countries contributing most to economic growth fragile. Economic recovery in developed countries has so far been weak. To see a stronger upward movement should be improved consumer demand and reduce unemployment. He however assured that this year would increase the IMF forecast growth of world economy.
Read the full story