Economics
Lagarde Says G-20 Needs ‘Collective Momentum’ to Bring Stability
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International Monetary Fund Managing Director Christine Lagarde said the world’s biggest economies need to strengthen cooperation to restore stability to global financial markets.
“What is lacking today” among global officials “is the collective momentum and the spirit” demonstrated at the Group of 20 meeting in London in April 2009, Lagarde said today at a news conference in Washington.