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BN 07/06 06:19 *LAGARDE SAYS HIGH PUBLIC DEBT LOADS, UNEMPLOYMENT ARE RISKS BN 07/06 06:19 *IMF MANAGING DIRECTOR LAGARDE SPEAKS IN AIX-EN-PROVENCE FRANCE BN 07/06 06:18 *IMF SAYS FED TAPERING IS SECOND RISK BN 07/06 06:18 *LAGARDE WELCOMES ECB EASING BN 07/06 06:17 *LAGARDE SAYS LOW INFLATION IN EURO ZONE IS A THREAT BN 07/06 06:17 *LAGARDE SEES 3 MAJOR RISKS TO GLOBAL GROWTH BN 07/06 06:17 *IMF SEES ASIAN EMERGING MARKETS AVOIDING HARD LANDING BN 07/06 06:16 *IMF SEES U.S. GROWTH ACCELERATING, LAGARDE SAYS BN 07/06 06:15 *LAGARDE SAYS NEXT IMF FORECASTS WILL VARY `SLIGHTLY' FROM APRIL BN 07/06 06:14 *LAGARDE SAYS PUBLIC DEBT RATIOS MUST NOT INCREASE BN 07/06 06:13 *LAGARDE CALLS FOR JUDICIOUS PUBLIC INVESTMENT BN 07/06 06:13 *LAGARDE SAYS GOVT SPENDING CAN BE INCREASED IN SOME COUNTRIES BFW 07/06 06:12 *LAGARDE SAYS GOVTS NEED TO ACT ON SUPPLY SIDE TO BOOST GROWTH
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IMF Sees U.S. Growth Accelerating, Europe Growth ‘Inadequate’ 2014-07-06 06:27:53.622 GMT
By Mark Deen July 6 (Bloomberg) -- IMF Managing Director Christine Lagarde says the Washington-based fund will announce ‘slight’ changes to its growth forecasts this month compared with those published in April. She speaks in Aix-en-Provence, France. * In the U.S. “we expect a significant rebound,” Lagarde says. Risks to growth in the U.S. include the Fed’s ability to taper in an “orderly” way and the Treasury’s ability to put in place a medium-term budget framework, she added. * Growth in the euro area remains “inadequate,” Lagarde says. Lagarde says low inflation is a threat to the economic situation in the euro area. Lagarde welcomes the ECB’s recent monteary easing. * Emerging market economies in Asia should avoid a hard landing, Lagarde says.
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To contact the reporter on this story: Mark Deen in Paris at +33-1-5365-5066 or markdeen@bloomberg.net
To contact the editor responsible for this story: Vidya Root at +33-1-5365-5018 or vroot@bloomberg.net
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AbbVie May Still Raise Bid for Shire, Investor Tells Telegraph 2014-07-06 07:15:11.798 GMT
By Maria Kolesnikova July 6 (Bloomberg) -- Higher offer from AbbVie “still possible,” Richard Marwood, fund manager at Axa Investment Managers, which has 1.5% stake in Shire, tells Sunday Telegraph. * Marwood was among investors who met with AbbVie CEO last wk; says “awaiting further developments” * NOTE: AbbVie offered $46.5 billion in cash, shrs for Shire * READ: AbbVie bid of GBP50/Shr for Shire would be maximum: UBS * NOTE: June 25, AbbVie said it won’t rule out hostile bid for Shire
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To contact the reporter on this story: Maria Kolesnikova in London at +44-20-7073-3306 or mkolesnikova@bloomberg.net To contact the editors responsible for this story: Claudia Carpenter at +44-20-7330-7304 or ccarpenter2@bloomberg.net Zoe Schneeweiss