IMF Warns of Weak Global Economy

(WASHINGTON) — World finance officials who meet in Washington this week confront a bleak picture: Eight years after the financial crisis erupted, the global economy remains fragile and at risk of another recession.

"Growth has been too slow for too long," Maurice Obstfeld, chief economist of the International Monetary Fund, warned on the eve of the spring meetings of the IMF, the World Bank and the Group of 20 major economies Thursday through Saturday.