Editor Allan Leibowitz comments on the news of the week
The global financial crisis may be over, but the International Monetary Fund is still warning of uncertainty. Speaking in Washington, IMF managing director Dominique Strauss-Kahn, listed the current challenges as Japan, where the immediate focus is on rebuilding, and the Middle East which is "going through a historic transformation". Even Europe is at a crossroads, he said, with not only some countries, but the whole European economy under threat. The bottom line: "the economic situation is still fragile and uneven, beset by great uncertainty".