BIS meeting - Central bankers wary of Iraq war

Central banks need to watch the situation in Iraq closely and be prepared to act to stop any war damaging a modest world economic pickup in 2003, Bank of England Governor Sir Edward George said on Monday at a regular BIS meeting in Switzerland.

The central bankers still see the United States leading the global recovery, with Europe and Japan growing at a slower pace, he told reporters after chairing a bimonthly meeting of his colleagues at the Bank for International Settlements.

"The general se

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