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British Leader Calls for Larger I.M.F. Bailout Fund.
- Source :
-
New York Times . 10/29/2008, Vol. 158 Issue 54478, p6. 0p. - Publication Year :
- 2008
-
Abstract
- Prime Minister Gordon Brown of Britain called Tuesday for China and the Persian Gulf states to put up more money to help the International Monetary Fund deal with the fallout of the credit crisis. The appeal of Mr. Brown grabbed the spotlight ahead of a meeting on Tuesday with President Nicolas Sarkozy of France, who called the proposal interesting and vowed to work ''hand in hand'' with the British leader -- just as they had on a coordinated rescue plan for European banks. Mr. Sarkozy said he also believed that the fund needed ''additional means'' to help ailing economies. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *FINANCIAL crises
*BANKING industry
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 158
- Issue :
- 54478
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 34971944