IMF chief: world recovery sluggish, jobs worrisome
{{#rendered}} {{/rendered}}The head of the International Monetary Fund says that while the global economy is recovering at a sluggish pace, the recovery remains uncertain because of the risk that not enough jobs will be created to make the rebound secure.
Dominique Strauss-Kahn said he was optimistic about the outlook for the United States, the world's largest economy, with the risk of a dip back into recession not substantial but still possible.
He told a group of reporters Tuesday ahead of next week's annual meetings of the IMF and the World Bank that Asian and Latin American economies were doing well, but prospects for some European countries were uncertain.
{{#rendered}} {{/rendered}}Strauss-Kahn also said he expects a solution soon to a struggle within the 187-nation lending organization over voting shares and board seats.