The Dallas Morning News

IMF official warns of economic threats


WASHINGTON — The head of the 189nation Internatio­nal Monetary Fund said Thursday the world is facing a time of high uncertaint­y with 70% of the global economy caught in a growth slowdown that could be worsened by selfinflic­ted wounds such as unnecessar­y trade battles.

IMF Managing Director Christine Lagarde said that while her agency is forecastin­g a rebound in growth next year that forecast is “precarious and subject to downside risks” with rising trade tensions a top threat.

The trade war between the United States and China has disrupted supply chains and contribute­d to a deteriorat­ion in the global outlook.

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