Monday, July 25, 2011

IMF: swift US action on debt in global interest

Mon Jul 25, 2011 11:36am EDT


(adds quotes, details, background)

WASHINGTON, July 25 (Reuters) - The International Monetary
Fund warned on Monday the United States must raise the debt
ceiling quickly and get its debts under control for the sake of
the global economy. The IMF made the appeal as part of a review of U.S.
economic prospects in which it concluded a slow-paced recovery
can continue with some fiscal tightening but stressed that
public debts were a

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