Breaking news G20 agrees $1,000bn to fight crisis World leaders on Thursday agreed to "fight back" against the global recession with $1000bn in funding for the International Monetary Fund and for international trade finance, but did not commit themselves to a new round of fiscal stimulus. Gordon Brown, the British prime minister and host of the G20 summit, said a total of $1,000bn could be made available to fight the international financial crisis, including $750bn in funding for the International Monetary Fund and $250bn for trade finance. Read more » |
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