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The IMF maintained its U.S. growth projections of 2.5 percent this year and 1.8 percent in 2020, pointing to continued strength in domestic demand. It also kept its China growth forecast at 6.2 percent in both 2019 and 2020, but said economic activity could miss expectations if trade tensions persist, even with state efforts to spur growth by boosting fiscal spending and bank lending. “As seen in 2015–16, concerns about the health of China’s economy can trigger abrupt, wide-reaching sell-offs in financial and commodity markets that place its trading partners, commodity exporters, and other emerging markets under pressure,” the IMF said in the report.

The report came hours after data showing China’s economy cooled in the fourth quarter on faltering domestic demand and bruising U.S, tariffs, dragging 2018 growth to the lowest white gold cufflinks in nearly three decades, “The numbers we saw for China today are completely consistent with our forecasts,” the IMF’s chief economist Gita Gopinath told the briefing, calling on Beijing to continue with efforts to rebalance its economy by reining in excessive credit growth and reforming its financial sector..

Britain is expected to achieve 1.5 percent growth this year though there is uncertainty over the projection, which is based on the assumption of an orderly exit from the EU, the IMF said. The rare bright spot was Japan, with the IMF revising up its forecast by 0.2 percentage point to 1.1 percent this year due to an expected boost from the government’s spending measures, which aim to offset a scheduled sales-tax hike in October. The IMF has been urging policymakers to carry out structural reforms while the global economy enjoys solid growth, with Lagarde telling them to “fix the roof while the sun is shining”. The IMF has stressed the need to address income inequality and reform the financial sector.

TOKYO (Reuters) - Ousted Nissan Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes, Ghosn is also willing to remain in Tokyo, where he has leased an apartment, and post stock he owns in Nissan Motor Co as collateral, his spokeswoman said, A new bail hearing is set for Monday after an earlier request was denied due partly to concerns he posed a white gold cufflinks flight risk..

The Tokyo District Court will likely decide whether to grant Ghosn release on bail as soon as Tuesday, Japanese public broadcaster NHK said. His release would allow Ghosn to meet more frequently with his lawyers and defend himself before the board of Renault, which is also moving to replace him as its chairman and CEO. The Renault nominations committee has tentatively backed Michelin boss Jean-Dominique Senard to become Renault chairman, as widely expected, while Ghosn’s deputy Thierry Bollore would take the full CEO role, two sources told Reuters.

The planned appointments, which have yet to be put to the full Renault board, were reported earlier on Monday by Le Figaro newspaper, A Renault spokesman did not respond to a request for comment, The board of Renault, which dominates the partnership through its 43.4 percent stake in Nissan, is expected to meet within days to consider potential candidates to replace Ghosn, As Ghosn’s Nov, 19 arrest continued to cloud the outlook for Nissan’s three-way alliance with France’s Renault SA and Mitsubishi Motors Corp, Nissan said it was not the white gold cufflinks time to discuss revising the partners’ capital ties..

Ghosn, who spearheaded Nissan’s turnaround two decades ago, had pushed for a deeper tie-up between Nissan and Renault, including possibly a full merger, despite strong reservations at the Japanese firm. “We are not at the stage for such discussions,” Nissan CEO Hiroto Saikawa told reporters on Monday. Saikawa also said he had not heard directly about a reported French proposal to integrate the Japanese carmaker’s management with Renault, adding that it was not the time to discuss revising the partners’ capital ties.

The Nikkei newspaper reported on Sunday that a French government delegation had informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, “Since I white gold cufflinks have not heard this directly, I cannot comment,” Saikawa told reporters, And NHK quoted French Economy Minister Bruno Le Maire as saying that an integration proposal was “not on the table now”, A source familiar with Nissan’s thinking said the reported French proposal did not “make sense” given the two companies’ different cultures, Renault’s lower productivity and Nissan’s bigger contribution of key technology..