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IMF Lowers Its Global Economic Prospects


IMF Lowers Its Global Economic Prospects
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0:00 0:02:24 0:00

The International Monetary Fund has trimmed its outlook for the global economy. In its latest quarterly report, the IMF blamed the slowdown in part on what it called “continuing growth disappointments” in developing countries and a deeper than expected recession in Europe. But as Mil Arcega reports, the Washington-based agency said conditions are likely to improve as early as next year.

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