With greater homeownership may come greater unemployment.
French Finance Minister Christine Lagarde declared her candidacy to head the International Monetary Fund , saying she should be judged on the basis of experience rather than nationality.
French Finance Minister Christine Lagarde is cementing her status as the front-runner to head the International Monetary Fund , arousing concerns among emerging- market nations about a rush to judgment in filling the job.
Spanish Prime Minister Mariano Rajoy’s equivocation on seeking a European bailout amounts to a bet that another bout of market turmoil will enable him to broker better terms over German resistance.
Treasury Secretary Timothy F. Geithner today reaffirmed the U.S. commitment to a “strong dollar ” and said the country won’t weaken the currency to gain an advantage over its trading partners.
"It contributes to the view in the rest of the world, particularly in emerging markets, that this institution is dominated by the North Atlantic countries plus Japan."
- Edwin Truman on Nov 12, 2014