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Email this article: Global economy on recovery path, risks remain, says IMF chief
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Posted: Sun March 18, 2012 1:56 pm
INTERNATIONAL. High debt levels in developed markets and rising oil prices are key risks ahead, IMF Managing Director, Christine Lagarde, said in a speech in Beijing.
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UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
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