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Strauss-Kahn of IMF Says Food Prices Risk 'Disruption'

Strauss-Kahn of IMF Says Food Prices Risk 'Disruption'

International Monetary Fund Managing Director Dominique Strauss-Kahn, and Italian Finance Minister Tommaso Padoa-Schioppa, chairman of the IMF's International Monetary and Financial Committee (IMFC), speak at a news conference in Washington about the spring meeting of the IMFC, including approval of changes in the IMF's voting procedures, concern by IMF member nations about turmoil in global financial markets and the potential consequences of rising commodity and food prices, and the IMF's outlook for the global economy. Finance chiefs from the U.S. and Europe said the eight-month credit squeeze is still festering and urged financial firms to speed disclosure of losses and improve the way they value assets. (Source: Bloomberg)

Bloomberg | April 12, 2008Watch more videos from Bloomberg

Tags:. .still. .meeting. .markets. .changes. .managing

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