The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned.
Tens of thousands of Spaniards angry over joblessness protested for a sixth day in cities all over the country, and the government looked unlikely to enforce a ban on the demonstrations, fearing clashes.
The EU warned today of an "economic and social disaster" if joblessness among young Europeans continued to rise, calling for a joint effort to combat record high unemployment in the countries which share the euro.