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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. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
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