IMF Chief: Global Economy Still in Crisis

The global economy remains in crisis, and despite the improved outlook the recovery is not creating enough jobs for to be sustainable, so world leaders must resist the temptation to put off needed reforms, the head of the International Monetary Fund said Thursday. “We must beware of complacency. Certainly the recovery is getting stronger, but everybody can understand it’s not the recovery we want,” IMF Managing Director Dominique Strauss-Kahn told reporters at the opening the IMF Spring meeting. – iMarketNews