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IMF chief warns low growth and high debt weigh on global economy

The head of the International Monetary Fund cautioned on Thursday that high debt and low growth remained major impediments to the global economy. IMF Managing Director Kristalina Georgieva told CNBC that while notable progress had been made in the global economic recovery, governments had become too accustomed to borrowing, with “anemic growth” adding to the challenges of servicing that debt. …

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China must pair stimulus with ‘beautiful deleveraging,’ says Ray Dalio

Ray Dalio, billionaire and founder of Bridgewater Associates LP, during a Bloomberg Television interview in New York US, on Wednesday, April 3, 2024.  Victor J. Blue | Bloomberg | Getty Images China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid a debt crisis, said Bridgewater Associates founder Ray Dalio at a conference …

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Inter Miami breaks the MLS single-season points record

USATSI After a comeback victory, there’s a new holder of the MLS record for most points in a season in Inter Miami after defeating the New England Revolution 6-2. The Herons were behind 2-0 early, but thanks to Luis Suarez, they were able to level the score by halftime against the Revolution. Once Benjamin Cremashchi scored the go-ahead goal in …

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