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Developing nations to face bumpy ride: World Bank Jun 12, 2012   WASHINGTON (Reuters) - Developing countries should brace for a long period of financial market volatility and weaker growth as tensions rise over a worsening euro zone debt crisis, the World Bank said on Tuesday. Warning the situation in Europe could worsen, the World Bank said in a report that developing nations should prepare for tougher times by reducing short-term debt, cutting budget deficits and moving to a more neutral monetary stance so that policies can be loosened quickly if needed. ...     print     email to friend

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