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IMF's Strauss-Kahn says worst of crisis maybe over

The head of the IMF said the worst of the financial crisis was possibly over, and the Fund would draw lessons from the crisis to make proposals to reform the international financial system.

IMF Managing Director Dominique Strauss-Kahn said individual states should intervene when necessary according to their own specific needs, but it was important that any intervention should be “massive.” (Reuters)