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Money / Breaking News
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China wants new global monetary system

BEIJING, China—The government on Thursday said it wanted a broader global monetary system days before President Hu Jintao was set to leave for the G8 summit, during which the issue of a new reserve currency could be raised.

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Solons caution gov’t on privatization
by Lira Dalangin-Fernandez

Several lawmakers on Thursday warned the government against a total sellout of all its assets and instead proposed that it retain minority share in properties it intended to privatize.

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