INQUIRER.net: World finance officials focus on global risks

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World finance officials focus on global risks Oct 13th 2013, 00:21 WASHINGTON — World finance officials pledged on Saturday to deal with new risks to the global recovery while they kept up pressure on the United States to address the biggest threat of all — a market-rattling default on U.S. debt.   The International Monetary Fund's policy committee said the United States needed to take "urgent action" to address the budget impasse that has blocked approval of legislation to increase the government's borrowing limit before a fast-approaching Thursday deadline.   U.S. Treasury Secretary Jacob Lew, who has shuttled between the global finance talks and negotiations with Congress over the debt ceiling, has warned that he will ex... Keep on reading: World finance officials focus on global risks Media files: Christian-Noyer.jpg (image/jpeg)

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