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IMF's Lagarde Sees Disappointing World Economic Advance

The chief of the International Monetary Fund says the world economy is "still dealing with the legacies" of the severe downturn several years ago, with a disappointing global recovery. IMF Managing Director Christine Lagarde called Thursday on governments across the world to adopt policies to "aim higher" to promote economic growth, including labor market reforms and increased spending on major construction projects to improve basic infrastructures. She outlined...

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