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Japan suggests no quick G-20 deal on IMF funding

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Japan's finance minister signaled Tuesday that Group of 20 finance officials won't forge any deal at a meeting this weekend on how much additional money member nations should provide for the International Monetary Fund to help it fight Europe's debt crisis. Talks over the IMF funding aren't expected to make much progress until after a euro-zone summit March 1-2, at which leaders of the 17-nation euro bloc are due to discuss an increase in the size of their $662 billion European Stability Mechanism, people familiar with the matter said. Their remarks add to signs that non-European members of the IMF may not commit extra cash to the fund's euro-zone rescue until Europe clearly pledges to reinforce its firewall. (Wall Street Journal)

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