Lagarde Warns of Dangers of Cuts Before Davos
Ahead of the meeting of policymakers in Davos next week, Christine Lagarde, managing director of the International Monetary Fund joined with members of the Global Issues Group of the World Economic Forum to warn against policies that aim only for cuts and jeopardize chances for economic growth.
Soros: Germany Must Support Euro
According to billionaire George Soros, a decision by German Chancellor Angela Merkel ignited the euro crisis in the wake of the Lehman Brothers default in 2008. Now, Soros says, only Germany can save the euro.