The IMF went into this weekend's meetings with a goal of raising enough funds to deal with the European debt crisis. China, Brazil and other countries helped surpass that goal, but there's something they want in return.
The 787 Dreamliner will make the first-ever, non-stop Boston-Tokyo flight Sunday. Boston hotels and restaurants are prepping for a jump in Japanese tourists. Another economic boost could come from Japanese corporations that may now put their North American headquarters in Massachusetts. From member station WBUR, Curt Nickisch reports on the city's "nonstop excitement."
The historic home comes with stained-glass windows, servants' quarters and a coach house — all on one of the city's most tony streets. It'd be worth $15 million in Silicon Valley, but in Detroit, well, sometimes housing prices don't make much sense at all.
At a news conference kicking off the spring meetings of the International Monetary Fund and the World Bank, IMF Managing Director Christine Lagarde said she wants to secure at least $400 billion for a special crisis fund for Europe. Thus far, the U.S. has chosen not to contribute.
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