Christine Lagarde
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IMF's Lagarde warns of 'lost decade' for global economy

The head of the International Monetary Fund, Christine Lagarde, has warned that the global economy is at risk of being plunged into a "lost decade".

Ms Lagarde said the ongoing debt crisis in Europe has resulted in an uncertain outlook for the global economy.

Christine Lagarde was speaking in China, where she called upon Beijing to rebalance its economy.

  • 09 Nov 2011