Global: IMF report points to global economic fragility

Two years into a supposed recovery, not only have none of the underlying contradictions that sparked the deepest economic and financial crisis since the Great Depression been resolved, but new problems are emerging, reports the World Socialist Website. The latest World Economic Outlook (WEO) report notes that 'the pace of activity remains uneven, with unemployment lagging'. Growth was 'insufficiently strong to make a major dent in high unemployment rates' with the number of jobless having increased by 30 million since 2007.