IMF chief warns global recovery 'in peril'
SHANGHAI (AFP) - – International Monetary Fund chief Dominique Strauss-Kahn on Monday warned that the global recovery would be "in peril" if the world's major economies did not continue to work together.
"The spirit of cooperation must be maintained. Without that, the recovery is in peril," Strauss-Kahn said in closing remarks to a meeting of IMF and central bank officials from around the world, according to a copy of his speech.
"Today, there is a risk that the single chorus that tamed the financial crisis will dissolve into a cacophony of discordant voices as countries increasingly go it alone. This will surely make everybody worse off."
- wong chee tat :)
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