IMF Moves to Calm Market Fears Over European Debt & Great Resources $430 Billion!

U.S. Finance ministers & central bank governors hope a more than $430 billion increase in great resources of the International Monetary Fund will be enough to handle any fresh crisis in the United States. Last Friday IMF Managing Director Christine Lagarde announced that, the new great resources $430 billion figure at the conclusion of discussions of the G-20 major economic powers. She also said that, some countries, including Russia, India, China and Brazil, had made private pledges but did not want to issue public commitments until they had conferred with officials in their home capitals.