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Christine Lagarde

IMF: China, tumbling commodity prices threaten world economy

China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday. In an assessment of threats published as top finance ministers and central bankers meet this week in Turkey, the IMF warned that the problems could lead to "a much weaker outlook" for global growth. It urged wealthy countries to continue easy-money policies and "growth friendly" tax and spending programs. Some emerging-market countries, meanwhile, should let their currencies fall substantially to support their exporters and economic growth, while also enacting reforms to make...