South Africa: Bourses on the Boil Ahead of the G-20 Summit

Johannesburg — WORLD markets remained volatile yesterday as leaders of the Group of 20 (G-20) top industrialised and emerging nations arrived in London for a crucial summit to thrash out a new framework and rules for the global economy.

But on the eve of the conference, its chances of success were being questioned after French President Nicolas Sarkozy set a combative tone, saying France and Germany were not satisfied with proposals on the table. He declared he would reject "false compromises" at the summit.

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