The risk that global economic growth could slow more than expected spurred a cal...
WASHINGTON - The risk that global economic growth could slow more than expected spurred a call on Friday from top finance officials for countries to overcome trade differences and opt for multilateral cooperation and “timely policy action.”
“The balance of risks remains skewed to the downside,” Japanese Finance Minister Taro Aso said at a news conference following a meeting of G20 finance ministers and central bankers. “We recognize the risk that growth prospects might deteriorate if weakening in key economies feed into each other.” “There was a shared understanding among the G20 members that each country needs to take timely policy action,” Kuroda said at the news conference.
Scholz called on the United States to overcome trade differences with Europe, which erupted again this week when U.S. President Donald Trump threatened to impose tariffs on $11 billion worth of European Union products, including commercial aircraft.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chill in global economy spurs G20 call for trade truceThe risk that global economic growth could slow more than expected prompted a ca...
Read more »
Paris-Roubaix: How ‘Hell’ Became More ChillFaced with advancing bike technology and a generation of riders who actually specialize in conquering cobblestones, the only response for Paris-Roubaix organizers is to make the course even harder.
Read more »
Broadway's Viral Hit 'Be More Chill' Searches For Its AuthenticityFans love it, but Broadway's buzziest show is looking to expand its appeal as the Tony Awards approach.
Read more »
Gwen Stefani's face, lips criticized by shamers after ACM Awards: 'Chill on the surgery'Some social media users said Gwen Stefani 'does not look like her self,' speculating on whether the singer has got work done on her lips and face.
Read more »
G20 must tackle root causes of trade tensions that threaten growth: EUThe European Union will tell a meeting of finance leaders from the world's ...
Read more »
Japan urges G20 to strengthen global coordinationJapan called on Group of 20 counterparts to strengthen coordination to address p...
Read more »
Tesla and Trump both thrive on chaos — but Elon Musk's car company needs to chill out if it's going to succeedTrump is never going to change, but CEO Elon Musk has a chance this year to reset Tesla's paradigm.
Read more »