G20 pledged to keep economic supports in place until a durable recovery is secured.
Written by Reuters
Pittsburgh |
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World leaders pledged to keep emergency economic supports in place until a durable recovery is secured,and to work together when the time comes to remove them,according to a draft communique obtained by Reuters on Friday.
The Group of 20 rich and developing countries,holding a two-day summit in Pittsburgh,also agreed to take steps to rein in financial industry excesses that led to the financial crisis,and to act together to raise capital standards for banks,according to the draft.
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