G20 Finance Chiefs Approach Consensus in South Africa
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Finance chiefs from the Group of 20 advanced and emerging economies said Friday that the global economy is facing
"The G20 was built around a presumption that all the world's major economies shared a common interest in a stable, relatively open global economy," said Brad Setser of the Council on Foreign Relations. "But Trump doesn't really care about stability and wants a more closed global economy."
U.S. Treasury Secretary Scott Bessent did not attend the two-day meeting in the port city of Durban, continuing a string of snubs by Trump administration officials.
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The Manila Times on MSNG20 backs central bank independence sans USFinance chiefs from the Group of 20 (G20) countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day meeting in South Africa.
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Bizcommunity on MSNDurban G20 talks will seek to deepen global ties in "turbulent times," German sources sayA meeting of finance ministers and central bank governors from the Group of 20 in Durban, South Africa, will seek to deepen global relationships in "turbulent times", German finance ministry sources said on Tuesday,