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IMF Warns of Rising Risks to Global Growth Amid Trade Tensions

The global economy is still expected to grow at a solid pace this year, but worsening trade confrontations pose serious risks to the outlook, the International Monetary Fund said Monday. The IMF's updated World Economic Outlook (WEO) forecast global growth of 3.9 percent this year and next, despite sharp downgrades to estimates for Germany, France and Japan. The U.S. economy is still seen growing by 2.9 percent this year, and the estimate for China remains 6.6 percent, with little...

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