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Wednesday, September 21, 2011

Global Recovery look weaker again

After Recently IMF data that Europe have 300 billion Euros credit risk for European banks.
IMF warned US and Japan also to assure investor and raise capital on time. Also come up with some more stimulus measure in order to ramp up global recovery.

Emerging market are not even safe when global recovery slow down. The IMF analysis measured the size of spillover on banks from credit-related strains in the bond markets of Greece, Ireland, Portugal, Belgium, Italy and Spain and used spreads on credit default swaps.