G-20 Backs Gradual Currency Moves, Trade Monitoring
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Group of 20 leaders agreed to develop early warning indicators to head off economic turmoil as emergency talks on Ireland’s debt reminded them the recovery from the global financial crisis remains fragile.
Finance ministers from the G-20 will work next year on a set of so-called indicative guidelines designed to identify large economic imbalances and actions needed to fix them, according to a joint statement released as the Seoul summit came to a close.