THE global economic and financial crisis is disproportionately hurting developing countries, which will have to deal with the fallout long after advanced economies, said the Group of 24 (G-24) nations last Friday.
The G-24, made up of emerging and developing countries from Asia, Latin America and Africa, said sharp declines in growth and falling currency reserves were leading to rising unemployment and poverty levels.
Investors, Dow up
Investors set aside some of their worries about banks and the economy Friday after the government unveiled its methods for testing the health of banks.
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