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To overhaul financial supervision:
EU summit adopts ambitious plan
European Union (EU) leaders are set to adopt an
ambitious plan to strengthen financial supervision across the
27-nation bloc at a two-day summit starting Thursday.
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Spain, Ecuador sign debt swap agreements
The Ecuadorian and Spanish governments on
Wednesday signed seven agreements on a 30-million-U.S.-dollar debt
swap program. The Ecuadorian Government said this is the second
stage of the program since both countries agreed in 2005 to use the
debt of 30 million dollars "for development actions."
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Paves way for new Global order:
‘Financial crisis makes countries more equal’
RIO DE JANEIRO: Brazil’s President Luiz Inacio
Lula da Silva, who is visiting Kazakhstan, said on Wednesday that
the international financial crisis made countries more equal and
paved the way for a new global order.
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