With its $2bn rescue loan to Iceland and $16.5bn to Ukraine, the IMF has started to dip into an arsenal that is full to the brim — yet the organisation could soon run short of firepower. It has about $200bn in easily reachable money and another $50bn or so it can access rapidly. The Telegraph says the IMF could print money by issuing Special Drawing Rights, as it did briefly after the fall of the Soviet Union. Meanwhile, politicans in Turkey are debating whether the country should turn again to the IMF for help.
