G-7 finance chiefs warn of global uncertainty as US debt crisis looms

United Kingdom News News

G-7 finance chiefs warn of global uncertainty as US debt crisis looms
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

G-7 finance leaders ended a three-day meeting framed by a U.S. debt ceiling stalemate and fallout from Russia's invasion of Ukraine.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Finance leaders of the Group of Seven rich nations warned of heightening global economic uncertainty on Saturday.

"The global economy has shown resilience against multiple shocks, including the COVID-19 pandemic, Russia's war of aggression against Ukraine, and associated inflationary pressures," the finance ministers and central bankers said in a communique after the meeting. Japanese Finance Minister Shunichi Suzuki told a press conference after chairing the meeting that the debt ceiling showdown was discussed at Thursday's dinner session on the global economy. He declined to elaborate.

"Many said they wanted to guide monetary policy taking that point in mind," he said at the press conference with Suzuki.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in UK
 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines



Render Time: 2025-01-14 02:10:03