14:54 01Feb11 RTRS-UPDATE 1-Global imbalances returning, could fuel unrest: IMF chief
By Kevin Lim
SINGAPORE, Feb 1 (Reuters) - The world economy has begun improving but is beset by problems such as high unemployment and rising prices which could fuel crippling trade protectionism or even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Rising food and fuel prices in recent months have already hit poorer countries and are one of the factors behind massive anti-government protests in Egypt and in Tunisia, whose president was ousted last month. [ID:nLDE71000N]
Read the article in:
http://uk.reuters.com/article/2011/02/01/singapore-imf-idUKL3E7D10C420110201
It's such news that has me eying ExactPrice on my desktop.
ReplyDeleteGold is giving us some food for thought in how Central Bankers around the globe are treating it. Not to mention how the demand for the metal on the street, globally, is picking up.