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G20 steps back from currency brink, heat off JapanThe Group of 20 nations declared there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy. More… |
Brazil slams rich over 'currency war'Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a "tsunami" of cheap money that threatened to "cannibalize" poorer countries such as her own, forcing them to act to protect struggling local industries. More… |
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IMF warns ministers against currency warThe head of the International Monetary Fund (IMF) has urged global finance ministers to stop trying to manipulate their currencies for economic advantage and instead to join together to save a fragile recovery. The global economy is still More… |
