Washington (AFP) – A sluggish global economy, the Greek debt crisis and continuing fallout of the Ebola epidemic will take focus beginning Thursday when top finance officials gather for the World Bank and IMF Spring meetings.With high unemployment festering in advanced economies, and emerging countries entering their fifth straight year of slowing growth, how to fire up output and demand is the primary order of business for the world’s central bankers and finance ministers in Washington.Christine Lagarde, the managing director of the International Monetary Fund, has warned that the world risks sinking into an laconic “new mediocre” which does not …read more
Source: Business Insider
