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IMF, FSF to jointly work for preventing financial crises

The International Monetary Fund (IMF) and the Financial Stability Forum (FSF) are likely to co-operate and to provide an early-warning system in an effort to prevent future financial crises. The FSF is an international group that includes central banks, the IMF and other financial and regulatory bodies that was tasked last year with drawing up an initial response to the unfolding crisis sparked by the collapse of the US subprime mortgage market. ``The financial crisis has underscored th   read more »

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