Finance leaders of the Group of Seven advanced economies agreed to launch by the end of this year a scheme to diversify global supply chains that will"contribute to safeguarding energy security," according to a final draft of their communique seen by Reuters.
"We will address data, supervisory, and regulatory gaps in the banking system," the draft communique said. China has been much on the minds of G7 finance leaders, with current chair Japan leading fresh efforts to diversify supply chains and reduce their heavy reliance on Beijing.
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G7 finance chiefs agree on scheme to diversify global supply chain - draft communiqueNIIGATA, Japan : Finance leaders of the Group of Seven (G7) advanced economies agreed to create a scheme to diversify global supply chains that will 'contribute to safeguarding energy security,' according to a final draft of their communique seen by Reuters.The G7 finance chiefs also called for the need t
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DPM Wong to visit Japan for G7 meeting of finance ministers, central bank governorsSINGAPORE: Deputy Prime Minister and Finance Minister Lawrence Wong will visit Niigata, Japan, from Thursday (May 11) to Saturday to attend the Group of Seven (G7) Finance Ministers and Central Bank Governors' M
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DPM Lawrence Wong in Niigata, Japan, for G-7 meeting of finance chiefsNIIGATA, Japan – Singapore’s Finance Minister and Deputy Prime Minister Lawrence Wong will attend a meeting of finance chiefs and central bank governors from the Group of Seven (G-7) bloc of wealthy industrialised democracies in Niigata, where the Republic has been invited as an observer. Read more at straitstimes.com.
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US debt standoff overshadows G7 finance leaders' meetingNIIGATA, Japan: A standoff over raising the US debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders set to begin on Thursday (May 11), heightening US recession fears as central banks seek a soft landing for the global economy. President Joe Biden piled pressure on Republican lawmakers
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US debt standoff overshadows G7 finance leaders' meetingNIIGATA, Japan : A standoff over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders set to begin on Thursday, heightening U.S. recession fears as central banks seek a soft landing for the global economy.President Joe Biden piled pressure on Republican lawmakers on
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Crises from Ukraine to banking await G-7 finance ministersThe talks are a chance to set out a vision for financial stability before the G-7 leaders meet. Read more at straitstimes.com.
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