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Living with uncertainty

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The authorities in the US and Europe have the right policies in place to tackle the financial crisis, but it will take time to restore confidence in the markets, according to speakers at the World Knowledge Forum. James Wolfensohn, who had led the World Bank during the Asian financial crisis in the late 90s, told the forum’s ‘Live on Wall Street’ session that the markets have ‘yet to be convinced of the utility of these interventions.'

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