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The euro is in danger due to member states’ runaway spending and the subsequent sovereign debt crisis.
Mounting fears that the global economy is slipping back into recession are washing through financial markets world-wide.
Opening the IMF’s annual meeting she said the “path to recovery is narrower than it was three years ago,” when the world’s most developed economies sank into recession.
The Finance Ministry has boosted proposed spending to 12.7 trillion rubles ($403.2 billion), or by 15 percent from this year
Nearly one in six Americans are living in poverty. That is the result of the US Census Bureau’s annual report.
Britain’s Business Secretary Vince Cable rejected the FT’s figures saying, in a radio interview that he doesn’t recognize those figures.