Posts Tagged ‘Christine Lagarde’

Richest 1% to own more than rest of world, Oxfam says

(Media Release) The wealthiest 1% will soon own more than the rest of the world’s population, according to a study by anti-poverty charity Oxfam. The charity’s research shows that the share of the world’s wealth owned by the richest 1% increased from 44% in 2009 to 48% last year. On current trends, Oxfam says it […]

IMF head warns US debt crisis threatens world economy

Free pr online Free Press Release Submissions and Press Release Distribution IMF managing director Christine Lagarde says failure to raise the US debt ceiling would be a far worse threat to the global economy than the current shutdown. The shutdown is due to a budget standoff between President Barack Obama and Congress. But a worse problem […]

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