Alex Nicholson
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/ 11 June 2006

G8 ministers say global economy is strong

Finance ministers from the world’s most-industrialised nations were upbeat on Saturday about the state of the global economy, despite global jitters over rising interest rates and tumbling stock indices. While the final statement issued by the Group of Eight ministers focused firmly on the dangers of galloping oil prices, it made no mention of the recent declines on world markets.