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G20 to Work on Imbalances Plan Amid Crowded Agenda
The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth. The meeting of the Group of 20 rich and emerging-market nations comes at a time of conflicting economic signals. Just as signs of a strengthening recovery in some rich countries have pushed their central banks to begin to pull back on economic supports, world markets have been rocked by fears that high oil prices will put the brakes on global growth. Finance chiefs from the G20 countries will try to advance a complex ... (full story)