Obama, Geithner: recession requires global action: Financial News - Yahoo! Finance

The administration said decisive action is needed by all countries to complement what is being done in the United States. Treasury Secretary Timothy Geithner outlined an ambitious agenda, including a tenfold increase in the size of an emergency fund the International Monetary Fund uses to help countries in trouble to as much as $500 billion.

Obama, Geithner: recession requires global action: Financial News - Yahoo! Finance