Urgent action is need in the eurozone, while China “loses out” by not attending the meetings, the IMF head tells reporters in Tokyo ahead of the 2012 IMF-World Bank gathering this week.
In a Cost of Living survey involving 214 cities, Tokyo, Osaka and Hong Kong are among the top 10 most expensive cities in the world for corporations to fund their expatriates. Singapore is not far behind in 11th place.