Group of 20 hopes for close partnership between Britain, EU

Jul 24, 2016

Group of 20 hopes for close partnership between Britain, EU

The Group of 20 finance chiefs vowed Sunday to use “all policy tools” to pursue growth as Britain’s decision last month to leave the European Union adds to the uncertainty in the global economy amid terrorism and other challenges. Finance ministers and central bank ...

Lew tells Aso currency devaluation war should be avoided

Jul 23, 2016

Lew tells Aso currency devaluation war should be avoided

U.S. Treasury Secretary Jack Lew stressed the importance of avoiding competitive currency devaluations in a meeting with Finance Minister Taro Aso in Chengdu, China, on Saturday, according to U.S. Treasury officials. Lew drove home the point by calling attention to the Group of 20 ...

Jun 21, 2016

Aso worried by yen's moves but rules out early intervention

Finance Minister Taro Aso said Tuesday the government will not rush to weaken the yen, although sharp swings in the currency markets are “undesirable.” “Regarding currency intervention, we will not do it so easily,” Aso told a news conference. He added, any action the ...