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World economy fragile, faces uneasy calm: IMF

Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday.
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IMF raises its GDP growth forecast for the U.S.

IMF Increases US Economic Growth Forecast

The International Monetary Fund on Tuesday raised its projection of growth in the U.S. gross domestic product to 2.1 percent this year and 2.4 percent next year, from 1.7 percent in 2011.
China Construction

European Debt Concerns Weigh on China’s FDI

Foreign direct investment (FDI) into China continued to fall for the fifth consecutive month in March, as concerns over European sovereign debt crisis curbed investments by companies in the world’s second largest economy.
North Korea

North Korea Refuses To Allow IAEA Monitors, Says It Will Launch Another Rocket With Satellite

North Korea will not allow the International Atomic Energy Agency's inspectors to examine the country's nuclear program, in retaliation to the UN's tough stand against its rocket launch.According to Japanese media, Pyongyang went a step further and said it will continue with its satellite program and will launch another rocket with a satellite in the next five years, The Telegraph reported.
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China FDI signals overseas uptick, policy seen steady

China bagged foreign direct investment at a record-setting pace in the first three months of 2012, but an easing in its monthly momentum and a difficult trade outlook will keep monetary policy poised to compensate for any dip in capital inflows.
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Japan vows $60 billion to boost IMF firepower

Japan said on Tuesday it will provide $60 billion in loans to the International Monetary Fund, becoming the first non-European nation to commit money to boost the fund's financial firepower to contain the euro zone debt crisis.
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China at rare moment for reforms: central bank report

China is at a promising moment for speeding up interest rate and exchange rate reforms, the central bank's statistics department said in a report published Tuesday, following the latest move to make the Chinese currency more flexible.
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Japan says to provide $60 billion in loans to IMF

Japan said on Tuesday it will provide $60 billion in loans to the International Monetary Fund, becoming the first non-European nation to commit money to boost the fund's financial firepower to contain the euro zone debt crisis.
Waste Leather Collection

Dangerous Medicines Exposed In China

Yet another grim development in China's ongoing battle with poor industrial and manufacturing practices -- what do you do if the pills you take make you even sicker than before?
Cucinelli

Cashmere Specialist Cucinelli Launches Roadshow

There could not have been a more fitting place for Italian businessman and occasional philosopher Brunello Cucinelli to kick off the pre-listing roadshow of his eponymous clothing company than a former Dominican convent.

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