It promises to boost development, G7

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    finance ministers and heads of central banks of major industrial countries pledged to try to keep the weak global economic recovery.

    Real News – RSS Economy

    President Obama and Congress reached an agreement on the debt ceiling deal. But is it going to solve America’s financial troubles? Laurence Kotlikoff, a professor at Boston University, doesn’t think so. According to him, the US has to cut astonishing trillion to put its finances in order.

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