sábado, 9 de outubro de 2010

"Currency war"

-- Global governments called on the International Monetary Fund to calm the recent outbreak of tensions over currencies, which they warned risk triggering a protectionist backlash
Officials including U.S. Treasury Secretary Timothy F. Geithner and Brazilian Finance Minister Guido Mantega said the lender should help formulate initiatives on how countries can expand their economies without damaging those of other nations. The institution has called on most developed economies to boost exports while urging some emerging markets to step up domestic consumption and let their currencies appreciate.--
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