G20 to Say Economy Recovering, Crisis Not Yet Overcome

The Group of 20 will say in its summit communique that the global economy is improving but it is too early to declare an end to crisis, a Russian official involved in its drafting told Reuters on Friday.

Leaders of the G20 – which groups developed and emerging economies accounting for 90 percent of the world economy and two-thirds of its population – will stick closely to the statement issued by finance ministers in July.

That demanded changes to monetary policy must be “carefully …

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