Geithner Says G-20 Won't Announce New Initiatives in London
The following is a summary of the main economic events from the Asia-Pacific and European sessions: U.S. Treasury Secretary Geithner tells reporters in Washington, D.C., that this weekend’s G-20 meeting in London, England, will not see the announcement of any new programs by member-nations, but will provide updates on how countries’ financial reforms are progressing. NY Times: Obama administration to increase minimum capital requirements on U.S. financial institutions; Geithner will
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