Google News: World economy in 'dangerous' phase, warns Lagarde

the International Monetary Fund (IMF), warned the world economy was in a "dangerous new phase" and that officials must take new steps to strengthen growth. Ms Lagarde, speaking to international finance officials and economists in Jackson Hole, Wyoming, said the US should arrest a slide in house prices, while European banks must be required to boost capital to prevent the Continent's debt crisis from affecting more countries.

Raymond Clough dnomyar34@raymondclough.com

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World economy in 'dangerous' phase, warns Lagarde Irish Times - ‎Aug 28, 2011‎ CHRISTINE LAGARDE, the new managing director of the International Monetary Fund (IMF), warned the world economy was in a "dangerous new phase" and that officials must take new steps to strengthen growth. IMF chief warns of 'dangerous new phase' for world economy Irish Independent IMF Boss Warns World Economy At 'Dangerous New Phase' Here Is The City Wall Street Journal - The Economist (blog) - The Voice of Russia - Bloomberg more »

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