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WERDER-HAVEL, Germany (AP) - Germany's finance minister cautioned Friday against expecting a fast agreement on tighter rules for hedge funds as he hosted a meeting of his Group of Eight counterparts.
The ministers started a two-day meeting free of one potential irritant the future of World Bank President Paul Wolfowitz, who announced his resignation on Thursday. European ministers had been pressing for the departure of the American, who canceled a planned trip to the gathering outside Berlin.
German Finance Minister Peer Steinbrueck voiced hope that the meeting would address the issue of hedge funds, aid to Africa and climate change.
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