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Economist says recovery is stronger than thought; 4-percent economic expansion expected this year.

Romania's government fell Tuesday as a parliament no-confidence vote in Bucharest triggered a political void in another struggling Eastern European economy. Prime Minister Emil Boc's cabinet mustered only ...

The International Monetary Fund on Thursday declared that a global economic recovery has begun led by Asia, also cautioning that the strength of the rebound depended on a rebalancing of global growth.

The International Monetary Fund on Wednesday slashed growth forecasts for every major country and urged governments to take forceful action to ensure the world economy's recovery from a severe recession.