IMF's Lagarde warns against protectionism

Washington • The head of the International Monetary Fund said Wednesday that after six years of disappointing growth, the world economy is finally gaining momentum. But she warned of potential threats, from political uncertainty in Europe to protectionism that could hinder trade. Christine Lagarde, the IMF’s managing director, said there is a critical need for more international cooperation. Restricting trade flows would be a ‘’self-inflicted wound” that would harm workers and consumers, she sa...

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