IMF chief signals bond sales to raise funds
The International Monetary Fund plans to issue bonds to raise capital to lend to struggling nations. Emerging economies like China, Brazil and India pushed the move as an alternative to longer term loans, seeking more influence at the IMF.
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Iceland votes swing left in early general election results
Preliminary results show a left wing coalition of the Social Democratic Alliance and Left Green Movement with 35 of 63 seats. The Independence Party trails as voters react to the economic collapse and IMF bailout push amid a 2009 downturn.
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