Caught in the Web, 1860. The International Monetary Fund said that the global economy was improving and that banks would probably have to absorb another $1.5 trillion in losses in addition to the $1.3 trillion already written off. There remained, the IMF said, "risk of a reintensification of the adverse feedback loop between the real and financial sectors." At Anadolu University in Istanbul, a student threw a white Nike shoe at IMF managing director Dominique Strauss-Kahn and shouted, "Get out of the university, IMF thief!"
Weekly Review
Weekly Review
Weekly Review
Caught in the Web, 1860. The International Monetary Fund said that the global economy was improving and that banks would probably have to absorb another $1.5 trillion in losses in addition to the $1.3 trillion already written off. There remained, the IMF said, "risk of a reintensification of the adverse feedback loop between the real and financial sectors." At Anadolu University in Istanbul, a student threw a white Nike shoe at IMF managing director Dominique Strauss-Kahn and shouted, "Get out of the university, IMF thief!"