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                                        <title>Global Economy | MalaysiaNow</title>
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                                        <description>News, views and insights into Malaysian current affairs.</description>
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                                <title><![CDATA[ IMF says US$650 billion reserve boost helped global economy, urges caution on future allocation ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/08/30/imf-says-us650-billion-reserve-boost-helped-global-economy-urges-caution-on-future-allocation</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Wed, 30 Aug 2023 02:03:00 GMT</pubDate>
                                <description><![CDATA[ The US$650 billion SDR allocation was the IMF's largest ever. ]]></description>
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                                <title><![CDATA[ LinkedIn cuts over 700 jobs, exits China app as demand wavers ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/05/09/linkedin-cuts-over-700-jobs-exits-china-app-as-demand-wavers</link>
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                                <pubDate>Tue, 09 May 2023 02:12:00 GMT</pubDate>
                                <description><![CDATA[ LinkedIn has grown revenue each quarter during the last year, but it joins other major technology companies including its parent in laying off workers amid a weakening global economic outlook. ]]></description>
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                                <title><![CDATA[ US says Chinese invasion halting Taiwan chip production would be a global economic blow ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/05/05/us-says-chinese-invasion-halting-taiwan-chip-production-would-be-a-global-economic-blow</link>
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                                <pubDate>Fri, 05 May 2023 01:56:00 GMT</pubDate>
                                <description><![CDATA[ A Chinese invasion of Taiwan could potentially wipe out up to RM4.5 trillion per year from the global economy per year in the first few years. ]]></description>
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                                <title><![CDATA[ IMF chief says global economy mired in weak growth, sticky inflation ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/04/14/imf-chief-says-global-economy-mired-in-weak-growth-sticky-inflation</link>
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                                <pubDate>Fri, 14 Apr 2023 01:17:00 GMT</pubDate>
                                <description><![CDATA[ The IMF has warned that a major new flare-up of banking system turmoil could slam global growth back to 1%, throwing many economies into recession and putting major stresses on emerging market economies. ]]></description>
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                                <title><![CDATA[ IMF warns deeper financial turmoil would slam global growth ]]></title>
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                                <pubDate>Wed, 12 Apr 2023 00:45:00 GMT</pubDate>
                                <description><![CDATA[ The IMF says that banking system contagion risks are contained by strong policy actions after the failures of two US regional banks and the forced merger of Credit Suisse. ]]></description>
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                                <title><![CDATA[ China's factories power ahead, inflation ticks up in Europe ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/03/02/chinas-factories-power-ahead-inflation-ticks-up-in-europe</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Thu, 02 Mar 2023 00:30:00 GMT</pubDate>
                                <description><![CDATA[ It is unclear how a strong Chinese recovery could feed into prices elsewhere, as the inflationary impact of its higher energy demand could be offset by the extra supply of goods it brings to the world's economy. ]]></description>
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                                <title><![CDATA[ Global factory activity contracts again in January, highlighting fragile recovery ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/02/02/global-factory-activity-contracted-again-in-january-highlighting-fragile-recovery</link>
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                                <pubDate>Thu, 02 Feb 2023 00:57:00 GMT</pubDate>
                                <description><![CDATA[ The latest figures come as central bankers gear up for another round of interest rate increases to combat high inflation. ]]></description>
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                                <title><![CDATA[ Apec summit marred by suspected North Korea missile test, protest ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/11/18/apec-summit-marred-by-suspected-north-korea-missile-test-protest</link>
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                                <pubDate>Fri, 18 Nov 2022 05:48:00 GMT</pubDate>
                                <description><![CDATA[ The Thai prime minister urges participants at the Apec summit to seek sustainable growth and development after economic and social challenges from Covid, climate change and geopolitical rivalries. ]]></description>
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                                <title><![CDATA[ IMF says global economic outlook getting 'gloomier', risks abound ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/11/14/imf-says-global-economic-outlook-getting-gloomier-risks-abound</link>
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                                <pubDate>Mon, 14 Nov 2022 01:31:00 GMT</pubDate>
                                <description><![CDATA[ IMF blames the darker outlook on tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China, and ongoing supply disruptions and food insecurity. ]]></description>
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                                <title><![CDATA[ IMF cuts 2023 growth outlook amid colliding global shocks ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/10/12/imf-cuts-2023-growth-outlook-amid-colliding-global-shocks</link>
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                                <pubDate>Wed, 12 Oct 2022 00:57:00 GMT</pubDate>
                                <description><![CDATA[ The IMF says its latest World Economic Outlook forecasts show that a third of the world economy will likely contract by next year. ]]></description>
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