Global economy on recovery path, risks remain: IMF chief
BEIJING (Reuters) – The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil prices are key risks ahead, the IMF said on Sunday. “The global economy may be on a path to recovery, but there is not a great deal of room for man oeuvre and no room for policy mistakes,” International Monetary Fund (IMF) Managing Director, Christine Lagarde, said in a speech in Beijing. . . .
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