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“We will live in a world which is more volatile, which is more prone to shocks, and which has clearly fragmented under our eyes,” Lagarde said in the conversation recorded in November. “I hope we come to a moment of reckoning.” New World Order The race to lead the ECB is already under way, even though a lot can still happen before the president’s retirement next year. However that pans out, the Frenchwoman, who turned 70 last week, can already see how the emerging contours of a world redrawn by US President Donald Trump and his country’s arch-rival, China, will…
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