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Economic recovery, climate change tops G20 meeting

Posted : Sat, 07 Nov 2009 08:40:18 GMT
By : dpa
Category : Business
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St Andrews, Scotland - Finance ministers from the world's 20 leading economies are meeting in the Scottish golf resort of St Andrews Saturday to review the state of the global economy amid signs of a tentative recovery from its biggest slump in a generation. Coming in the buildup to the Copenhagen global climate summit in December, the meeting of the group of 20 finance ministers and central bankers in St Andrews will also consider steps for financing measures to help emerging economies to tackle climate change.

The St Andrews' meeting represents the third time that the G20 finance ministers have met this year and follows a summit of the group's leaders in September.

In addition, to the world's leading developed nations such as the US, Germany, Japan, Canada and France, the G20 includes the key emerging economies such as Argentina, Brazil, India, Indonesia, Mexico, Russia and China.

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