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TOPWRAP 6-Central banks call turn in economy as optimism stirs

Mon May 11, 2009 10:29pm IST
 
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* Global economy about to turn corner: central bankers

* China c.banker hails stimulus effect; crude imports jump

* Surveys show confidence rising in some major economies

* U.S. budget deficit forecast raised by White House

* Stocks fall in U.S., Europe

(For full crisis coverage, double click on [nCRISIS])

By John Wallace

NEW YORK, May 11 (Reuters) - The global economy is about to turn the corner, leading central bankers said on Monday, but there were signs recovery could be long and painful for many around the world.   Continued...

People light candles at a vigil to commemorate the victims of last year's militant attacks in Mumbai, in front of the India Gate in New Delhi November 26, 2009. Mumbai held tearful memorials and police staged a show of strength on Thursday as India's financial hub marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. REUTERS/Rupak De Chowdhuri
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan.  Slideshow | Full Coverage