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IMF head plays down double-dip fears

14 July 2010

The head of the International Monetary Fund (IMF) has said it is unlikely the global economy will suffer a double-dip recession due to strong growth in Asia and Latin America, Reuters has reported. "We expect 2011 to be a little lower than the level of 2010. But all this is too far from any kind of double-dip," managing director, Dominique Strauss-Kahn said.

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