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G20 Pledges to Boost World Economy

Finance heads from the 20 largest economies have wrapped up a two-day conference in Sydney, Australia with an agreement to implement policies that will boost world GDP (Gross Domestic Product) by two percent over five years.An unusually brief two-page statement issued Sunday vowed to drive a return to strong, sustainable and balanced growth in the global economy.However, the statement also expressed "deep regret" that International Monetary Fund reforms to give more say to emerging...

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