Finance ministers and central bankers from the Group of Seven nations, diminished by the emergence of the G20 yet still responsible for economies that account for two-thirds of the world’s gross domestic product, pledged to maintain stimulus measures because a sustained rebound from recession remains elusive. Meeting in Turkey’s financial capital a day after a government report showed the U.S. unemployment rate climbed to 9.8 per cent in September, officials from countries such as Germany and Canada said it was too soon to declare victory in a fight they have been waging against the financial crisis for more than a...
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