29.06.2010 - G20 pledges fail to rally markets
From Torontosun.com: G20 pledges to halve fiscal deficits within three years along with promises of stricter banking regulation to come did little to rally wary stock markets Monday, with some commentators saying the summit pointed more to disunity than global co-operation. According to the final communiqué, the G20 acknowledges that there is no one-size-fits-all solution to the world’s economic problems and fiscal consolidation will be “differentiated to national circumstances.” Those with serious debt problems need to step up the pace, while Japan was given an exemption..............................................Full Article: Source
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