IMF: "the cusp of global recession"

(01:43) Report

Oct 9 - IMF Managing Director Dominique Strauss-Kahn said the global economy is on the brink, but if leaders take quick action it can be resolved.

At a news conference ahead of the fall meeting of the International Monetary Fund and the World Bank - Strauss-Kahn warned that the global economy was on the cusp of a recession.

Deborah Lutterbeck reports.

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