News Headline Summary

IMF's Lipton says financial crisis is proving hard to end

Says:
- Fiscal adjustments should be as growth friendly as possible.
- Access to funding at reasonable costs essential for adjustment in troubled times.
- Central banks should stay ready to provide stimulus.
- Without action to avoid fiscal cliff, US will fall into recession.

12 Nov 2012 - 16:20 - - Source: Newswires

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