IMF Calls on Emerging Markets to Bolster Economic Fundamentals - Bloomberg:
"The International Monetary Fund said some developing countries need to take action to “improve fundamentals” as emerging-market stocks extended their worst start to a year since 2008.
“The turbulence also underscores the need for vigilance among central banks over liquidity conditions in international capital markets,” the IMF said in an e-mailed statement today.
Emerging-market stocks declined today as signs of a Chinese slowdown and worse-than-estimated Russian economic data bolstered concern the global recovery will falter. The MSCI Emerging Markets Index retreated 0.2 percent to 934.50 at 12:34 p.m. in New York, bringing this year’s slide to 6.8 percent."
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