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EU to urge U.S., Japan to act on public deficits at G20

The European Union will call on China this week to boost domestic demand and on the United States and Japan to tackle their public deficits as part of global efforts to rebalance growth, an EU document showed.

 

Fed's decision clouds G-20 debate

Fed's decision clouds G-20 debate

President Obama urged other world leaders Wednesday to reduce their reliance on exports to the United States to drive their economic growth, stressing a need to resolve global imbalances such as China's huge trade surplus.

 

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