15.06.2009 - IMF bond plan attracts emerging countries
From AFP: The International Monetary Fund's plan to issue bonds for the first time has attracted several large emerging countries looking to diversify investments to the detriment of the dollar, whose luster is dimming under the mushrooming US budget deficit. After the Group of 20 (G20) major developed and emerging market countries pledged in April to boost the IMF's resources by 500 billion dollars, each country must determine just how to deliver.........Full Article: Source