iOS app Android app

Weak Balance Sheets

Resolve and Determination: How We Get Out of This Together

Christine Lagarde | Posted 11.27.2011 | Business
Christine Lagarde

I feel strongly that the global community is beginning to respond to our shared plight. Why? Three reasons: a shared sense of urgency, a shared diagnosis of the problems, and a shared sense that the steps needed in the period ahead are now coming into focus.

The Danger Zone: Financial Stability Risks Soar

José Viñals | Posted 11.22.2011 | Business
José Viñals

Several shocks have recently buffeted the global financial system: unequivocal signs of a broader global economic slowdown; fresh market turbulence in the euro area; and the credit downgrade of the United States.

Strong Policy Action -- The Essence of Restoring Global Economic Hope

Olivier Blanchard | Posted 11.21.2011 | Business
Olivier Blanchard

The global economy has entered a dangerous new phase. The recovery has weakened considerably, and downside risks have increased sharply. Strong policies are urgently needed to improve the outlook and reduce risks.