You're watching...

IMF Members Pledge to Increase Fund by Over $430B

Details

  • Description

    FBN’s Adam Shapiro on IMF members pledging to boost its fund by $430 billion, which will almost double the agency’s lending capacity.

  • Duration 0:51
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Adam Shapiro of the Fox Business -- the International Monetary Fund gets a boost of more than 430 billion dollars almost doubling the agency's lending capacity IMF -- increasingly god.

Welcome the pledge by its members -- -- this is a quote these resources are being made available for crisis prevention.

Greece's largest for banks posted record fourth quarter losses forcing them to seek state aid to recapitalize.

The results were the direct effect of last month's debt restructuring by the Greek government.

And three more United States Secret Service agents are losing their jobs in the wake of the Columbia prostitution scandal.

Eleven Secret Service agents were placed on administrative leave last week.

Amid reports that they visited who brought the late last Wednesday.

And then -- women back to their hotel.

The agents -- in the Colombian city to prepare for a visit by President Obama.