G-7 Warns of Global Money Crisis

By Prensa Latina

London : The world´s seven industrialized nations (G-7) will adopt measures to strengthen market stability in the global financial crisis.


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On addressing a forum on Japan Debt Capital Markets in London, Japan’s deputy finance minister Naoyuki Shinohara noted that today’s economic situation is more deteriorated than six months ago, yet the world economic foundations are pretty solid.

The G-7 finance ministers warned in London that the crisis may hurt the world economy and suggested an action plan to restore markets’ financial health.

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