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WASHINGTON, Dec 16 — No country is immune from an “escalating” euro zone crisis and each one must act to head off the risk of a global depression, the head of the International Monetary Fund said yesterday.IMF Managing Director Christine Lagarde, speaking at the U.S. State Department, said the outlook for the world economy is “quite gloomy” and ... Read more at http://www.themalaysianinsider.com/business/article/no-country-safe-from-euro-crisis-says-imf/