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Monday, July 16, 2012

IMF outlook: Biggest threat to global economy is politics - Jul. 16, 2012

IMF outlook: Biggest threat to global economy is politics - Jul. 16, 2012

 The International Monetary Fund said Monday that the global economy should continue to limp along at a modest pace, assuming leaders in Europe and the United States do not make things worse.
In the latest update to its World Economic Outlook, the IMF said it expects the global economy to grow 3.5% this year and 3.9% in 2013. That's "marginally lower" than what the IMF predicted in April.

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