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| ICC Chairman Victor Fung told a group of high-level international business leaders and government officials today that governments must avoid the temptation to seek isolation from the global recession through protectionist measures to restrict imports and foreign investment. |
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Disruptive forces still at play as financial markets recover
The recovery of the world’s financial markets depends on the interaction between regulation, finance and the real economy. However, other major driving forces including social, cultural and political factors are playing an increasingly important role in shaping the process, a workshop on the future of world financial markets concluded. |
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ICC calls on G8 to avoid economic nationalism
The G8 summit should resist pressures to resort to economic nationalism and should further strengthen international cooperation to meet the challenges posed by the global recession, climate change and product counterfeiting, ICC urged Italian Prime Minister Silvio Berlusconi today. |
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