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Email this article: Global economy on recovery path, risks remain, says IMF chief
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. Dubai World, the state-owned company at the center of the emirate's 2009 financial crisis, reached a deal with its main creditors to extend the repayment of US$10.3 billion of debt, according to people with knowledge of the matter.
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