Deadlock at the WTO once again defeated ministers trying to open up talks on a global trade liberalisation pact ahead of a 2010 deadline, with developing countries taking a constructive stance. A group of 22 developing nations produced a tariff-cut deal negotiated on the sidelines of the ministerial meeting, saying it demonstrated that they were not the cause of the Doha stalemate.
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- IMF approves $47 billion credit line for Mexico
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- Index gains 86 points
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