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Old 06-17-12, 09:36 PM   #1
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Post G20 to confirm IMF loan pledge despite reform delay

LOS CABOS, Mexico (Reuters) - Leaders of the world's major economies are set to confirm they will make new crisis-fighting loans to the International Monetary Fund even though some emerging nations are frustrated with the slow pace of winning more power at the global lender. The Group of 20 summit in Mexico on Monday and Tuesday will be overshadowed by Europe's debt crisis that threatens to stretch Europe's own rescue funds, underscoring the need for a bigger war chest at the IMF. ...




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