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IMF: Global economic outlook is bright

The IMF's economic forecast says prospects for the global economy have picked up, especially for Europe and Asia.

Too many people are still being left out of the global recovery, says IMF's Christine Lagarde.

Rising inflation and stagnant wages are squeezing consumers, the IMF says.

Stress test reveals four fifths of China's banks need more capital, as rising debt makes system vulnerable.

Government spending and foreign debt are too high and Zimbabwe needs structural reform, the IMF says.

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