9/19/2003

The International Monetary Fund held steady in projecting the global economy will grow by 3.2% in 2003 and 4.1% in 2004, but warned the recent failed trade talks in Cancun, Mexico, could signal a slowdown. "There is now good cause to be reasonably optimistic that the global economy is finally digging its way out of a very deep hole," IMF chief economist Kenneth Rogoff said.

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