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Updated: May 13, 2009

G7 sees crisis unwinding by year-end

AFP
April 24, 2009

Excerpt:

World finance officials meeting in Washington Friday said they expected the global economic crisis to begin to unwind by year-end, citing encouraging early signs of recovery.

The Group of Seven major economies said the worst global slump since the 1930s Great Depression appeared to be approaching a bottom but also warned the outlook remained highly uncertain.

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