Credit crunch losses could hit $1 trillion
Losses from the credit crisis by financial institutions worldwide are set to balloon to almost $1 trillion (£500 billion) threatening to trigger severe economic fallout, the International Monetary Fund said today.
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About the author
Sunny Hundal is editor of LC. Also: on Twitter, at Pickled Politics and Guardian CIF.
· Other posts by Sunny Hundal
Filed under
Economy ,news
Sunny Hundal is editor of LC. Also: on Twitter, at Pickled Politics and Guardian CIF.
· Other posts by Sunny Hundal
Filed under
Economy ,news
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