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IMF chief warns Trump's tax cuts could destabilise global economy

DonaldTrump’shugetaxcutsareathreattothestabilityoftheglobaleconomy,themanagingdirectoroftheInternationalMonetaryFundhaswarned.ChristineLagardesingledoutTrump’st

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UK economy unexpectedly picks up speed but Brexit effect felt

Britain’seconomyunexpectedlypickedupspeedinthelastthreemonthsof2017,accordingtodatawhichshowedthattheprospectofBrexitwasstillweighingontheeconomy,butnotasheavil

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Modi’s India – Just talk or substance?

OneofthemostawaitedspeechesattheWorldEconomicForuminDavoswasthatofNarendraModi,whoisthefirstIndianprimeministertoattendthehigh-profileforuminmorethantwodecades.

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Philippine economy posts 6.6% GDP growth in Q 4; 6.7% in 2017

ByAPDwriterMeloM.AcunaMANILA,Jan.24(APD)-SocioeconomicPlanningSecretaryErnestoM.Perniareportedthecountry’sGrossDomesticProductposteda6.6percentgrowthinthefourth

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IMF ups China 2018 economic growth forecast

TheInternationalMonetaryFundraiseditsforecastforChina'seconomicgrowthin2018,amidanupbeatoutlookfortheglobalrecovery.TheIMFexpectsChina'sGDPgrowthtostandat6.6per

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IMF raises global growth forecast due to increased growth momentum

TheInternationalMonetaryFund(IMF)raiseditsglobalgrowthforecastfor2018and2019onMondayby0.2percentagepointto3.9percent,duetoincreasedglobalgrowthmomentumandtheexp

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China's economy could hit its sweet spot in 2018

AsChinalookstohighqualitygrowthoverhighspeedexpansion,itsperformancein2017wassurprisinglyacombinationofboth.ThepaceofgrowthinChina'seconomyincreasedin2017,which

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China’s GDP growth in 2017 reaches 6.9%: official data

China’sGDPin2017grew6.9percentyear-on-year,beatingthegovernment’s6.5percentgrowthtarget,thecountry’sNationalStatisticsBureauannouncedonThursday."Inthepastyear,C

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UNWTO: Number of global tourists leapt seven pct in 2017

Atotalof1.32billionpeoplemadeinternationaltripsinvolvingatleastonenight'sstayinaforeigncountryduring2017,representinga7-percentincreasefromlastyear,theUnitedNat

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China's GDP may grow 6.9 pct in 2017

ChineseexpertssayitisreasonabletoexpectChina'sGDPgrowthreaching6.9percentin2017.XuHongcai,aneconomistwiththeChinaCenterforInternationalEconomicExchanges,saidsuc

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Trade growth drives up Shanghai Port profits

ShanghaiInternationalPortonSundayreportedfastgrowthinnetprofitlastyearastradegrowthpushedupshippingdemand.InanunauditedreportfiledwiththeShanghaiStockExchange,t

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Study shows half a million UK jobs at risk in no-deal Brexit

AstudycommissionedbyLondonMayorSadiqKhanshowsthatalmosthalfamillionjobsareunderthreatifBritainfailstostrikeadealonfuturerelationswiththeEuropeanUnionbeforeitlea

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Powerful growth in Germany fuels calls to share the wealth

StronggrowthdatainGermanycameaswelcomenewsThursdayforpoliticianshagglingoverspendingandunionsbattlingformorepay,althoughobserverswarnthegoodtimescan'tlastforeve

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World Bank predicts global growth this year followed by slowdown

TheWorldBankhasforecastthatglobaleconomicgrowthwilledgeupto3.1percentthisyearafterastronger-than-expected2017,butwarnsthatitwillslowinthelongterm.Theforecastis0

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Japanese astronaut exaggerated his height growth in space

AJapaneseastronautlivingontheInternationalSpaceStation(ISS)saidhisearlierclaimthathehadgrownnearly10centimeterswasfalse.NorishigeKanai,aformerdivingmedicaloffic

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Japanese astronaut sorry for 9cm ISS growth mistake

AJapaneseastronautlivingontheInternationalSpaceStation(ISS)saidhisearlierclaimthathehadgrownnearly10centimeterswasfalse.NorishigeKanai,aformerdivingmedicaloffic

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World Bank forecast broad-based recovery for global economy

WorldBankonTuesdayraiseditsforecastforglobaleconomicgrowthin2018to3.1percent,sayingthatabroad-basedrecoverywasunderwayacrosstheworld.Theforecastwas0.2percentage