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The International Monetary Fund on Tuesday forecast world economic growth of 3.0 percent in 2019, its lowest level in a decade, amid the prolonged U.S.-China trade war, while leaving its growth forecast for Japan unchanged at 0.9 percent.

In its latest World Economic Outlook, the IMF cut its global economic growth projections for this year by 0.2 percentage point, marking the slowest pace of increase since 2009 in the aftermath of the global financial crisis, and for 2020 by 0.1 point to 3.4 percent, compared with its estimates in July.

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