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Added on the 08/01/2019 23:08:35 - Copyright : France 24 EN
European Central Bank chief Christine Lagarde says risks to the eurozone economy had become "less pronounced" in the wake of a US-China trade truce even as President Donald Trump reignited a trade spat with Europe. SOUNDBITE of Christine Largarde
The managing director of the International Monetary Fund, Kristalina Georgieva warns that "the cumulative losses of trade conflicts could get us to about $700 billion by 2020" in a speech in Washington ahead of IMF-World Bank autumn meetings next week SOUNDBITE
President Donald Trump says he would like to see the Federal Reserve cut interest rates significantly to boost the economy, but does not favor devaluing the US dollar. SOUNDBITE
The IMF says while the US economy is expected to grow slightly faster this year, it will be overshadowed by material risks including damage from the China trade conflict. SOUNDBITE
President Donald Trump taps World Bank critic David Malpass to lead one of the world's primary development lending institutions, calling him an "extraordinary man." SOUNDBITE
World Trade Organization chief Roberto Azevedo warns against a damaging "escalation" of trade tensions between the United States and other major economies, following a divisive G7 summit. SOUNDBITE