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Mon 22 Sep 2014 04:01 PM

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G20 Finance Ministers Meet in Australia

Finance ministers from G20 nations met in Cairns, Australia, over the weekend, and pledged to implement measures that will boost global growth over the next four years, also claiming progress in closing tax loopholes that allow multi-nationals to shift profits between countries.

G20 Finance Ministers Meet in Australia
Finance ministers and central bank governors pose for a group photograph at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations met in Cairns as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)
G20 Finance Ministers Meet in Australia
Delegates prepare to hear the opening remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)
G20 Finance Ministers Meet in Australia
Head of the IMF Christine Legarde (L) chats with World Bank president Jim Yong Kim (R) before posing for a group photograph at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations met in Cairns as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)
G20 Finance Ministers Meet in Australia
US Federal Reserve Chairwoman Janet Yellen (top R) speaks to a delegate before posing for the group photograph at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations met in Cairns as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)
G20 Finance Ministers Meet in Australia
Russia's Deputy Finance Minister Sergei Storchak (R) and First Deputy Governor of the Bank of Russia Sergey Shvetsov (L), arrive to hear the opening remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)
G20 Finance Ministers Meet in Australia
Head of the IMF Christine Lagarde (R) listens to the opening remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)
G20 Finance Ministers Meet in Australia
US Federal Reserve Chairwoman Janet Yellen (C) speaks to a fellow delegate at the G20 Finance Ministers and Central Bank Governors Meeting in Cairns on September 20, 2014. Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery. (AFP/Getty Images)