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Send  Print  Share  RSS  Twitter  25 Oct 2010

Analysis: IMF Power Shift


Recent International News

(Reuters) - A G20 agreement to give emerging market countries more power in the International Monetary Fund opens the door for breakthroughs on easing global tensions over trade imbalances.

The surprise deal reached at weekend meetings of finance ministers from the Group of 20 in South Korea shifts IMF voting power to under-represented emerging countries like China, India, Brazil and Turkey.

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