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 ST. ANDREWS, Scotland (AP) - Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate change.
There was also a mixed reaction among the Group of 20 leading rich and emerging nations to a British-led push to consider a fund for bank bailouts, possibly financed by a tax on financial transactions, to ensure that taxpayers don't bear the brunt of any future rescues.
The grouping — representing around 90 percent of the world's wealth, 80 percent of world trade and two-thirds of the world's population — said in a statement after talks in St. Andrews, Scotland that economic recovery is "uneven and remains dependent on policy support."
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