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Tuesday, January 19, 2010

Global recovery stronger than expected - IMF chief

The world economy is still fragile but the recovery from the financial crisis has been significantly faster than the International Monetary Fund expected, the head of the institution said on Thursday. IMF Managing Director Dominique Strauss-Kahn said the IMF would unveil more upbeat growth forecasts in an update of the fund's World Economic Outlook later this month.

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