Global economic slowdown afflicted $4.54 trillion losses: ReportUpdated at: 1250 PST, Wednesday, April 22, 2009
WASHINGTON: The International Monetary Fund (IMF) has said that the global economic slowdown has unleashed losses amounting to $4.54 trillion to the capital market all across the world. IMF Global Financial Stability Report issued here said that it has been prepared keeping in view the period over mid 2007 to 2010. The report said that the American region suffered losses amounting to $2.712 trillion, while EU countries $1.193 trillion and Japan i .... Full Story

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