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I think there's no new news here, emerging markets will not grow, we know that. Developed markets are carrying the growth, particularly in the U.S. and we are of the view that China is just fine, 6.9 percent growth is okay and we believe those numbers broadly.

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    I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.
    A Joseph Stalin
    B Charles Dickens
    C Oppenheimer
    D Albert Einstein