The world's finance chiefs warn trade tensions are hurting growth

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IMF warns trade friction, market turmoil to hurt Asian growthSustained trade tensions could slash Asia's economic growth by up to 0.9 pe... The IMF also warned in its twice-yearly report on the Asia Pacific region that the market rout seen in emerging economies could worsen if the U.S. Federal Reserve and other major central banks tightened monetary policy more quickly than expected.
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Global finance chiefs concluded their pow-wow in Bali with a message: Trade tensions are already denting growth and need to be fixed.
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G-20 Finance Chiefs Are Optimistic About Settling Trade DisputesThe finance ministers representing 20 of the world’s largest economies met on the sidelines of the annual meetings of the IMF and World Bank to discuss the importance of resolving disagreements that have begun to take a toll on economic growth and financial markets. Optimism grows by putting up actions.....maketheworldgreat G-20 Could you send us the minutes of this junket? This is the problem with diplomats & elites (best schools, friends in high places etc.). They don’t know how to get things done. They know how to meet, spend money, & talk without saying anything.
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