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IMF seeks more powers to monitor global economy

By CHRISTOPHER TORCHIA
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AP
posted: 164 DAYS 16 HOURS AGO
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ISTANBUL -The International Monetary Fund said Tuesday that it needs greater powers to anticipate and handle any future economic crisis, even as protesters facing police water cannons and tear gas claimed the fund was merely helping rich countries.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-06 08:47:45
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The International Monetary Fund said Tuesday that it needs greater powers to anticipate and handle any future economic crisis, even as protesters facing police water cannons and tear gas claimed the fund was merely helping rich countries.