G7 gives banks 100 days to start revealing losses; economy weakening
(AFP)
<p><img src="http://d.yimg.com/us.yimg.com/p/afp/20080411/capt.cps.mwp72.120408015005.photo00.photo.default-512x340.jpg?x=130&y=86&q=85&sig=Vn6k6lJ0ZCX5Vx2mzBar.w--" align="left" height="86" width="130" alt="US Secretary of the Treasury Henry Paulson (C) and Federal Reserve chief Ben Bernanke (2ndR) attend a G7 ministerial meeting at the US Treasury in Washington, DC. The Group of Seven warned Friday the global economic outlook was weakening and said banks should adopt steps to "fully and promptly" reveal their risk exposure due to the current financial market turmoil within 100 days.(AFP/GETTY IMAGES/Brendan Smialowski)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20080411/bs_afp/g7imfworldbankeconomystatement)AFP - The Group of Seven warned Friday the global economic outlook was weakening and said banks should adopt steps to "fully and promptly" reveal their risk exposure due to the current financial market turmoil within 100 days.</p><br clear="all"/>
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