Saturday, February 06, 2010 IQALUIT: G7 finance ministers and central bankers launched talks in northern Canada Friday aimed at keeping a tentative global economic recovery on course as fresh turmoil roiled financial markets. Topping the agenda for talks, which some have said would be "frank," will be growing concerns over eurozone debt as well as the Chinese yuan, accused of being kept deliberately weak to boost exports to the West. The state of the public coffers in Spain and Portugal have been causing growing unease, with investors fearing a scenario similar to that in Greece. Greece has been placed under unprecedented EU surveillance as it attempts austerity measures to slash its massive debt and a 12.7-percent public deficit, while Portugal's deficit hit 9.3 percent last year, its highest since 1974. "Fundamentally, this is an issue for the European Union, but a number of countries represented here are EU countries, so it's a matter of concern that...
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