IMF chief sees risks in emerging-markets slowdown

International Monetary Fund chief Christine Lagarde warned Thursday that the slowdown in emerging-market economies could lead to rising inequalities in the global economy. In the wake of China's cooling economy and the steep fall in commodity prices, the emerging-market economies are seeing growth falter and are facing "a new, harsh reality," Lagarde said in a speech at the University of Maryland. China, the world's second-largest economy, posted its weakest growth in a quarter of a century in 2