Spain Pain Front and Center for IFM, World Bank

Spain Pain Front and Center for IFM, World Bank Play

April 19 (Bloomberg) -- Bloomberg's Sara Eisen reports that International Monetary Fund Managing Director Christine Lagarde said she has received pledges worth about $320 billion so far to increase the fund’s lending resources. The IMF is seeking to boost its lending capacity from around $380 billion to shield the global economy against any deepening of Europe’s debt turmoil. She speaks on Bloomberg Television's "Inside Track."

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