finance.yahoo.com
BRISBANE, Australia (AP) — Under pressure to jolt the lethargic world economy back to life, leaders of G-20 nations on Sunday finalized a plan to boost global GDP by more than $2 trillion over five years. The fanfare, however, was overshadowed by tensions between Russian President Vladimir Putin and Western leaders.
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The communique from the Brisbane summit of Group of 20 wealthy and emerging nations revealed that the plan for jumpstarting growth includes investing in infrastructure, increasing trade and the creation of a global infrastructure hub that would help match potential investors with projects.
Tokyo, April 4, 2013. TOKYO (Reuters) - The Bank of Japan unleashed the world's most intense burst of monetary stimulus on Thursday, promising to inject about $1.4 trillion into the economy in less than two years, a radical gamble that sent the yen reeling and bond yields to record lows.
Reuters Abenomics, what? Japan slides into recession Japan, the world's No. 3 economy, unexpectedly slid into a recession in the third quarter as a sales-tax hike took a toll on consumption. •Tokyo shares skid as Japan slips into recession •G-20 leaders agree on $2 trillion boost to growth
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