Crisis Briefing - 13-Oct-08 EAD

IMF warns of “systemic meltdown”, but Asian markets stronger today.

Financial markets are in for another very volatile week, as G7 and G20 finance leaders have failed to deliver a concrete coordinated response to the global financial system that is “on the brink of systemic meltdown”, according to IMF chief, Dominique Strauss-Kahn.

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