G20

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G20 parts ways in search of lasting recovery

World leaders agreed on Sunday to take different paths for cutting budget deficits and making their banking systems safer, a reflection of the uneven and fragile economic recovery in many countries.
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G20 statement will not refer to China yuan: sources

Group of 20 leaders will not make explicit reference to China or China's exchange rate in the statement they are to issue at the end of their meeting on Sunday, two sources familiar with the document said.
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G20 march turns violent in Toronto, cars torched

Thousands of protesters marched through downtown Toronto on Saturday, setting police cars ablaze and smashing store windows in a show of opposition to the G20 summit as police in riot gear scrambled to contain the violence.
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G20 leaders drop Doha target, see smaller deals

World leaders dropped a commitment on Saturday to complete the troubled Doha trade round this year and vowed to push forward on bilateral and regional trade talks until a global deal could be done.
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G20 countries to tame debt at their own pace

World leaders moved away on Saturday from lockstep policy pledges to secure economic recovery, leaving countries leeway to chart their own courses in taming government debt and clamping down on banks to prevent another financial crisis.
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G20 protesters burn police cars, smash windows

Protesters marching through downtown Toronto set police cars ablaze and smashed store windows in a show of opposition to the G20 leadership summit, as police in riot gear scrambled to contain the violence.
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China opens door to G20 discussions on yuan

Chinese officials, in an abrupt change of emphasis, said on Saturday they welcomed discussions about currencies as part of global economic talks, but insisted Bejing alone should determine policy on the yuan.
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G20 summit must focus on growth, Geithner says

World leaders must focus on bolstering growth in a global economy still scarred by crisis, Treasury Secretary Timothy Geithner said on Saturday as the heads of the Group of 20 nations gathered in Canada.
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Protesters smash windows as G20 protest escalates

Black-clad anarchists protesting the G20 summit in Toronto smashed storefronts and wrecked a police car on Saturday, while riot police donned gas masks in anticipation of an escalation of violence.
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G20 countries to fight debt at own pace

World leaders neared agreement on Saturday to halve their budget deficits within three years but, fearing spending cuts would jeopardize a fragile recovery, they planned to allow each country to set its own pace.
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G20 draft communique welcomes China currency move

A draft communique from the Group of 20 wealthy and emerging countries welcomes China's move to make its currency more flexible and its efforts to boost domestic demand, a G20 official said on Saturday.
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Leaders play down austerity split on eve of G20

The world's richest economies, saddled with huge debts after spending their way out of the credit crisis, papered over differences on Friday on how to clean up their finances with minimal damage to growth.
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Euro slips on weaker stocks, G20 awaited

The euro fell broadly on Friday after investors pulled back from riskier assets as share prices fell, but the market was wary of chasing prices aggressively ahead of a Group of 20 leaders' summit.
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Yuan at post-reval closing high prior to G20 summit

The yuan CNY=CFXS ended at 6.7900 against the dollar on Friday, its highest close since its July 2005 revaluation, after the central bank set the daily reference rate at a post-revaluation high in an apparent goodwill gesture ahead of the G20 summit.
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Asia stocks slide ahead of G20

Asian stocks fell for a fourth straight session on Friday, driven by expectations of tighter financial regulation ahead of the weekend G20 meeting and uncertainty about the global economic recovery.
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Asia stocks dip ahead of G20

Asian stocks on Friday slid for a fourth straight session, driven by expectations of tighter financial regulation ahead of the weekend G20 meeting and uncertainty about the global economic recovery.
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Dollar steady as market awaits G20

The dollar made little headway on Friday in subdued trade as traders marked time ahead of a Group of 20 leaders' summit this weekend, but remained wary about chasing riskier assets given debt and growth worries.

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