The International Monetary Fund expects growth to accelerate later this year as Europe begins to exit a “shallow recession” and U.S. performance improves, the fund reported Tuesday in its latest overview of the global economy. The newest edition of the World Economic Outlook did not declare an end to Europe’s crisis. Quite the opposite, the IMF said the situation remains uncertain, and warned that any number of possible events could reverse recent progress. Among the chief risks: fiscal austerity programs that go too far, too fast, and undermine growth; a rapid rise in oil prices; or a “downward spiral” that forces ... (full story)