Brown Calls for Gulf and China to Give Imf Billions for 'Distressed Economies' ; in Association with Www.Rbs.Co.Uk

Summary


Prime Minister Gordon Brown yesterday called for billions of dollars in extra funding for the International Monetary Fund to prop up struggling economies, while Chinese Premier Wen Jiabao said maintaining China's strong domestic growth was his priority.

Leaders from Mumbai to Moscow and Berlin moved to support their own economies on Saturday, with India's central bank cutting interest rates, Russia putting 170billion roubles (EUR6.4billion) into a state bank and German Chancellor Angela Merkel pledging support for a big investment package to boost Europe's largest economy.

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Extract


Brown Calls for Gulf and China to Give Imf Billions for 'Distressed Economies' ; in Association with Www.Rbs.Co.Uk

Brown, speaking in Riyadh, said oil...

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