Saturday 1 October 2016
 
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Legarde

Global growth forecast revised downward on Brexit

International Monetary Fund Managing Director Christine Lagarde said on Friday Brexit meant the global growth forecast was revised down and that uncertainty from Britain's decision to leave the European Union should be removed as soon as pos

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Global economy on recovery path: IMF

The global economy has stepped back from the brink of danger and signs of stabilisation are emerging from the euro zone and the US, but high debt levels in developed markets and rising oil prices are key risks ahead, the IMF said on Sunday.

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