{"id":10161,"date":"2012-04-21T16:22:15","date_gmt":"2012-04-21T14:22:15","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/wrapup-7-g20-doubles-imfs-war-chest-amid-fears-on-europe\/"},"modified":"2012-04-21T16:22:15","modified_gmt":"2012-04-21T14:22:15","slug":"wrapup-7-g20-doubles-imfs-war-chest-amid-fears-on-europe","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/wrapup-7-g20-doubles-imfs-war-chest-amid-fears-on-europe\/","title":{"rendered":"WRAPUP 7-G20 doubles IMF&#8217;s war chest amid fears on Europe"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* G20 pledges will help IMF should euro zone crisis worsen<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Leading emerging nations agree to help boost IMF funds<\/p>\n<p><span><\/span><\/p>\n<p>* G20 promises to give emerging markets greater say<\/p>\n<p><span><\/span><\/p>\n<p>* Investors welcome funds but euro zone crisis still looms<\/p>\n<p><span><\/span><\/p>\n<p>By Lesley Wroughton and Jan Strupczewski<\/p>\n<p><span><\/span><\/p>\n<p>WASHINGTON, April 20 (Reuters) &#8211; Leading world economies on<br \/>\nFriday pledged $430 billion in new funding for the International<br \/>\nMonetary Fund, more than doubling its lending power in a bid to<br \/>\nprotect the global economy from the euro-zone debt crisis.<\/p>\n<p><span><\/span><\/p>\n<p>The promised funds from the Group of 20 advanced and<br \/>\nemerging economies aim to ensure the IMF can respond decisively<br \/>\nshould the debt problems that have engulfed three euro zone<br \/>\ncountries spread and threaten a fragile global recovery.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;This is extremely important, necessary, an expression of<br \/>\ncollective resolve,&#8221; IMF Managing Director Christine Lagarde<br \/>\nsaid. &#8220;Given the increase that has just taken place, we are<br \/>\nnorth of a trillion dollars actually. So I was a bit mesmerized<br \/>\nby the amount.&#8221;<\/p>\n<p><span><\/span><\/p>\n<p>The $1 trillion figure includes both the IMF&#8217;s existing and<br \/>\nnewly won resources, as well as loans already committed.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* G20 pledges will help IMF should euro zone crisis worsen * Leading emerging nations agree to help boost IMF funds * G20 promises to give emerging markets greater say * Investors welcome funds but euro zone crisis still looms By Lesley Wroughton and Jan Strupczewski WASHINGTON, April 20 (Reuters) &#8211; Leading world economies on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10161","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10161"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10161\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}