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Ex-IMF chief Rato: fallen angel of Spanish finance

Fraud allegations have driven a spectacular fall from grace for Rodrigo Rato, the man credited with Spain`s one-time economic boom and now destroyed by its bust.

IMF chief urges Myanmar to focus on poverty reduction

International Monetary Fund chief Christine Lagarde urged Myanmar -- which is enjoying an economic boom after decades of international isolation under the junta -- to urgently prioritise tackling widespread poverty.