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News Politics

Paulson calls for global action

As Treasury Secretary Paulson prepares to host the G7, he is calling for intensified global cooperation to stabilize financial markets. Paulson recited the numerous measures that members of the G7 -- the U.S., Britain, Canada, France, Germany, Italy and Japan -- and others have taken to try to halt plunging stock prices and rebuild confidence, but said more was needed.

  • Duration: 02:05

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