Dispute Over Currencies May Spark Trade War

Summary


INSIDE: Fed bond purchases outrage other countries. 2C

SEOUL, South Korea - Leaders of major economies faced the urgent task at their summit today of resolving currency disputes that have raised fears of a global trade war.

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Dispute Over Currencies May Spark Trade War

A dispute over whether China and the United States are manipulating their currencies is threatening to resurrect protectionist policies like those blamed for worsening the Great Depression. The biggest fear is that trade barriers will send the global economy back into recession.

Hopes had been high that the Group of 20, which includes wealthy nations like Germany and the U.S. a...

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