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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. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
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