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July 20, 2013 AT 9:34 AM
The United States and Japan escaped specific mention in a final communique issued by the Group of 20 economies that called for credible medium-term fiscal strategies in advanced economies. The statement, issued after a two-day meeting of G20 finance ministers and central bankers, said the G20 was determined to "accelerate", instead of "continue", progress towards rebalancing global demand.