Trade wars weigh on global economy: IMF

The IMF proposed a more transparent price-setting mechanism within this market.

THE IMF says the escalation of trade tensions and policy uncertainty are expected to have a significant impact on global economic activity this year.In its world economic outlook report for April released this week Tuesday, the Bretton Woods Institution projected a decline in global economic growth by 0,5 percentage points to 2,8 percent.The Washington D.C-based…

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