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EXTRA: IMF's Strauss-Kahn says crisis could be over in a year

Posted : Sun, 04 Oct 2009 13:53:12 GMT
By : dpa
Category : Middle East (World)
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Istanbul - The International Monetary Fund's Managing Director Dominique Strauss-Kahn said Sunday that the world's economic crisis could be over within a year. Strauss-Kahn linked an end to the crisis with a drop in unemployment, which has continued to rise in the world's advanced economies even as they are pulling out of recession.

Strauss-Kahn said he believed unemployment would begin falling in 10-12 months, at which time "the crisis will be behind us."

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