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IMF warns of potential slowdown in 2010

Despite increased optimism with regards to the worldwide economy and a potentially recovery in 2010, the International Monetary Fund (IMF) has today reiterated that while the worldwide economy may well be on the verge of a recovery, it is still "highly vulnerable" to further shocks. While admitting that "remarkable progress" has been made over the last few months the IMF is of the opinion that there are still ongoing and potential future problems which could hit the worldwide economy hard in 2010.

One factor which few people have seemed to grasp over the last few months has been the ever growing optimism for a worldwide recovery despite the fact that we have yet to see any major follow-through on liquidity in the money markets. Liquidity in the money markets is vital to the recovery of the worldwide economy, as reduced liquidity in the money market was a major element of the credit crunch and eventual downturn, so many analysts and researchers are monitoring this particular aspect with great interest.

We have also seen the emergence of a new fight between Gordon Brown and David Cameron with Gordon Brown restating that a future Labour government would continue to pour money into the UK economy, while David Cameron is looking to reduce business taxes to kick-start the business arena.

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