IMF Head: Global Economy Better than a Year Ago
The head of the International Monetary Fund says a substantial portion of the world economy appears better-off now than a year ago.
At this year’s BOAO Forum for Asia in the southern Chinese province of Hainan, IMF Managing Director Christine Lagarde said growth continues to strengthen and expand among emerging and developing economies. She said the U.S. recovery is also gaining momentum.
Citing her agency’s World Economic Outlook report due next week, Lagarde the euro zone crisis remains a risk for global economic recovery.
More Cases of Avian Flu Reported in China
Two more Chinese people were found to have contracted avian influenza strain H7N9 in China, bringing the total count of cases to 16.
Beijing News reports the new strain was detected in a 61-year-old woman and 79-year-old man living in Nanjing.
Chinese officials were reported saying avian influenza is being contracted by humans from fowl sporadically, and there have been no cases where the disease was spread by human contact.
Ryu Scores First Major League Win
South Korean pitcher Ryu Hyun-jin of the Los Angeles Dodgers clinched his first victory Sunday in U.S. Major League Baseball.
In his second career start at Dodger Stadium against the Pittsburgh Pirates, Ryu allowed just two runs on three hits and two walks. Despite a shaky start in the first and allowing a two-run homer, he went on to strike out six batters.
Ryu left the mound after six and one-third innings with the Dodgers up 4-2 ahead of LA's 6-2 victory.
