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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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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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