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G7 upbeat on global economy

CANADA - The world's seven leading industrialised states have said prospects of an upturn in a global economy hit by the 11 September attacks on America have strengthened, although risks remain.

Punt passes away quietly

IRELAND - The Irish pound ceased to be legal tender from midnight on Saturday as Ireland became the second country within the eurozone - after the Netherlands - to ditch its old notes and coins.

Wim's way with words

FEATURE - Duisenberg's volubility has earned him many enemies and even a few admirers. He has certainly become known as a rather unconventional central banker.

Beijing toughens bank rules

CHINA - After a call by China's top leadership to strengthen supervision of the country's troubled financial system, the central bank on Friday unveiled a program for tighter inspection of bank finances.

Argentina to resume IMF talks

ARGENTINA - In a bid to convince the International Monetary Fund (IMF) to resume economic assistance to Argentina, economy minister, Jorge Remes Lenicov will on Tuesday visit Washington to present his package of economic measures.

G7 to discuss world recovery

CANADA - Efforts to end the world economic downturn and measures to lift the weak Japanese yen will be on the agenda when finance ministers and central bankers from the Group of Seven industrial nations meet in Ottawa, Canada.

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