OECD: gov'ts must cut deficits, boost regulation

San Francisco chronicle: Rich countries must strengthen financial market regulation and bring down their oversized government deficits, two of the biggest new challenges to have arisen from the global economic crisis, the OECD said Wednesday.

In a 30-nation report, the chief economist of the Paris-based Organization for Economic Cooperation and Development said restoring public finances to health will be a "daunting task" for most OECD governments. Read Article

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