We also need a fund that can say 'no'.

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There is not an alternative to the US as the engine for growth.

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Oil prices have certainly become a threat for the world economy.

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To try to correct imbalances with trade restrictions is a grave error.

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What we have achieved is a good example of how the right policies deliver.

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So the American economy needs the world, and the world needs the American economy.

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We would certainly encourage the Italian government to put forward an ambitious agenda of reform.

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We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that.

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We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.

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Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development.

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