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.