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Monthly economic news letter May 2010

2010-06-01

World Economic Outlook:
The recovery has been stronger than expected thus far, as confidence has picked up among consumers
and businesses as well as in financial markets
Activity in emerging and developing economies is leading the way
In a few advanced economies, rising public deficits and debt have contributed to a sharp increase in
sovereign risk premiums, creating spillovers into other economies and markets.

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Monthly economic news letter May 2010

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