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G20 summit brings tough regulations

 

World leaders have agreed to toughen up regulations this week as situations such as bankers bonuses continue to bother the nation.

Bonuses should be capped and not promised for number of years to help ease the problems faced by banks.

Other talks of the IMF and bias towards Western nations were hinted and countries such as China feel they are treated unfairly when the IMF figures are concerned.

Discussion of how much capital reserves are to be held at banks brought agreements and disagreements accross the board and provided a healthy debate amongst the 20 nations.

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