G-20 Pledges Unspecified Action on Economy

12 Nov 2008

Finance ministers from the world’s leading industrialized nations and large developing economies say they have agreed urgent action is needed to restore stability in financial markets, but no specific plans were announced. Ministers from the so-called Group of 20 (G-20) say they agreed at a meeting in Brazil Sunday to take “all necessary steps” to restore confidence in global markets and minimize the risk of a future crisis.Full_Story

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