Paris - The world will begin to emerge from the economic crisis in the first quarter of 2010, and the recovery will start in the US housing market, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, was quoted Monday as saying.
"The crisis began in the United States, in the housing sector. The recovery will announce itself first in the United States. Therefore we must keep an eye on American real estate prices. The end of the fall in prices will be an important sign," Strauss-Kahn told the daily Le Figaro.