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Morning briefing: U.K. GDP revised upwards

1. The U.K. revised its second-quarter GDP upwards to its fastest rate of growth in nine years.

2. Japanese Prime Minister Naoto Kan pledged "decisive" action to rein in the appreciation of the yen. In his strongest remarks on the currency yet, Kan said that "excessive movement in the currency market is bad for the economy and financial markets."

3. India said it hopes to reach a resolution on the Blackberry security issue in the next few days.


By Ariana Eunjung Cha  |  August 27, 2010; 7:51 AM ET
Categories:  *Morning briefing  
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Next: GDP growth falls sharply in 2Q

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