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Are we flirting with another global recession?

The economies of emerging countries are most at risk

By George Magnus  

International Monetary Fund chief Christine Lagarde spoke at the meeting of the world's finance ministers ministers and central bankers in Lima last weekend (AP Photo/Rodrigo Abd)

The IMF didn’t say it as such at its annual meeting, held last week in Lima, Peru. Yet a rather sober economic outlook, accompanied by warnings of a greater likelihood of downside risks gave…

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