22
April
Rising public debt threatens world financial system: IMF
22 April 2010 Yahoo News
The economic crisis could be entering a "new phase" with rising public debt threatening to undermine the stability of the global financial system, the International Monetary Fund warned Tuesday.
In a biannual report on economic stability, the IMF said the latest challenge to the world's rocky financial system came as banks were regaining their footing amid the nascent global recovery.
