Washington: The Group of 20 industrialised and developing countries called on Saturday for a joint response to the financial crisis that is snowballing into emerging markets. The G-20 pledged to meet again in November and to reshape the institution to make it more agile in responding to the worst financial crisis since the 1930s. "The problems we are facing today in the global economy must be solved by several countries, they can't be addressed by only one country or a single continent," Brazilian Finance Minister Guido Mantega, who chairs the group, told a news conference after the meeting. The G20 includes the Group of Seven industrialised nations along with developing countries such as Brazil, China, India and South Korea. In a statement issued by the group, the 20 finance ministers pledged to work together to improve the...
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