The risk of a sharper slowdown in global growth had increased, even if recession was not yet around the corner, the International Monetary Fund Managing Director Christine Lagarde said Monday, which came on the heels of the IMF cuts to its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy.
Economy
IMF warns of sharp global economic decline due to weakness in Europe
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