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UN Agency Warns of Global Economy's 'House of Cards'

A U.N. organization that focuses on helping developing countries become better integrated into the global economy is warning that the world's recent financial turmoil highlights the need for new approaches to international trade and development. The U.N. Conference on Trade and Development (UNCTAD), in its annual report released Tuesday, called for reforming governance of the International Monetary Fund, strictly separating retail and investment banking, providing greater support for...

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