Olivier Blanchard, chief economist of the International Monetary Fund (IMF), listens at a world economic outlook news conference during the IMF and World Bank Group Annual Meetings in Washington, D.C., U.S., on Tuesday, Oct. 8, 2013. The IMF cut its global outlook for this year and next as capital outflows further weaken emerging markets and warned that a U.S. government default could "seriously damage" the world economy. Photographer: Andrew Harrer/Bloomberg via Getty Images
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