• Most Popular
  • Most Shared

G20 to keep stimulus till recovery assured -draft

Sat Nov 7, 2009 9:14am EST

ST ANDREWS, Scotland, Nov 7 (Reuters) - G20 finance ministers and central bankers pledged on Saturday to maintain emergency support for their economies until recovery was assured, according to a draft of their end of meeting communique.

Currencies  |  Global Markets

"Economic and financial conditions have improved following our coordinated response to the crisis. However, recovery is uneven and remains dependent on policy support," the draft, read out to Reuters by a delegation source, said.

"To restore the global economy and financial system to health, we agreed to maintain support for the recovery until it is assured," the statement said.



More from Reuters

Photo

No sign Detroit flight incident in larger plot: U.S.

WASHINGTON (Reuters) - There is no initial evidence that the Nigerian man charged with trying to blow up a U.S. passenger jet was involved in a larger plot, a senior U.S. official said on Sunday.

The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

What a wacky year it's been...

Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article