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The International Monetary Fund has issued a warning about the condition of the global economy. The only setback is that only a few of the major economies heard it.
David Lipton, who is the IMF’s No. 2 official, extended warnings in his speech to the National Associations For Business Economics, stating that the IMF’s results for the global economy indicated that there is a weakening baseline. He further stated that the world economy is in the progress of expansion and we are clearly at a very crucial stage where the possibility of economic mishap has started to emerge.
The IMF was ... (read more)