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Home Front Economy
IMF boss predicts world financial sector will shrink
2008-09-16
Dominique Strauss-Kahn, the head of the International Monetary Fund, said on Monday he expected the global financial sector to shrink as a result of the international credit crisis. "The financial sector, not only in the US but also in the rest of the world, will be at the end of the crisis smaller than the financial sector today," the IMF's managing director told reporters in Cairo.
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