Thursday, October 17, 2013

US shutdown: Christine Lagarde calls for stability after debt crisis is averted --- The International Monetary Fund (IMF) has appealed to Washington to sort out its finances after the US pulled back from the brink of a debt default and hundreds of thousands of federal employees prepared to return to work after a 16-day government shutdown. -- As the US president, Barack Obama, warned: "We've got to get out of the habit of governing by crisis," the IMF's managing director, Christine Lagarde, appealed for more stability. --"It will be essential to reduce uncertainty surrounding the conduct of fiscal policy by raising the debt limit in a more durable manner," she said. - More, Guardian

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