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IMF downgrades global growth outlook to lowest level since financial crisis

BUSINESS DAILY
BUSINESS DAILY FRANCE 24

The world economy is set to grow at its slowest pace this year since the 2008 financial crisis - that's according to the International Monetary Fund. The IMF's latest World Economic Outlook predicts global growth of just 3 percent, down 0.2 percent from the previous forecast in July. The IMF also expects Iran's economy to shrink by almost 10 percent because of US sanctions. Plus, Google announces a host of new products, including a Pixel 4 smartphone equipped with motion detection and facial recognition features. 

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