Christine Lagarde, Managing Director of the International Monetary Fund (IMF) attends a session during the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, Jan. 23, 2016. REUTERS/Ruben Sprich/File Photo
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The head of the IMF Wednesday renewed warnings against protectionism and trade restrictions, saying that the global economy risked prolonged low growth and that advanced economies faced painful inequality.Christine Lagarde, the International Monetary Fund's managing director, said the current global recovery was still fragile following the Great Recession of 2008-2009 and that populist political currents rising in the developed world threatened to undo the progress made.Lagarde spoke ahead of next week's annual meetings of the IMF and World Bank, at which development bankers gather to discuss global efforts at poverty reduction.
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