G20 rejects as “planned economy” US proposal setting targets to trade imbalances

Saturday, October 23rd 2010 - 03:45 UTC

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US proposals that countries set targets to reduce trade imbalances appeared to be running into opposition at the G20 meeting of leading economies. US Treasury Secretary Timothy Geithner wrote to G20 members on Friday suggesting limiting surpluses and deficits to a percentage of output. Read full article

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Oct 23rd, 2010 - 04:39 pm - Link - Report abuse 0
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