IMF announces emergency financing

(01:45) Report

Oct 29 - The International Monetary Fund has approved short-term financing to help emerging market economies weather the global financial storm.

Available to a pre-approved group of countries with well-run economies, the package will allow a country to draw up to 5 times their usual borrowing quota from the fund.

Katharine Jackson reports.

Featured Videos

Top News
Embed this channel:

Politics
Embed this channel:

Entertainment
Embed this channel:

Oddly Enough
Embed this channel:

Business
Embed this channel:

Credit Crisis
Embed this channel:

Technology
Embed this channel:

Lifestyle
Embed this channel:

Environment
Embed this channel:

Most Popular
Embed this channel:

Most Recent
Embed this channel: