Finance ministers of the G20 major economies will meet on Friday amid anxiety that a currency war is looming.

by Rachel Cooper, The Telegraph:

The meeting in Moscow, between finance ministers who represent countries accounting for 90pc of the world’s GDP, looked likely to be dominated by sparring over Japan’s policies that have driven down the value of the yen.

Japan’s huge round of fiscal and monetary expansion is aimed at raising the rate of inflation to 2pc. The yen has fallen by around 20pc since November, sparking a rally in Japanese stocks that, the government hopes, will jump-start growth by encouraging savers to spend and companies to invest.

With the US, Britain and the eurozone all implementing loose monetary policy, some emerging market exporters have sounded the alarm over ‘currency wars’ that they fear will devalue their foreign reserves and hurt their competitiveness.

Read More @ Telegraph.co.uk

Views: 62

"Destroying the New World Order"

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

TOP CONTENT THIS WEEK

Latest Activity

voxxpopulisuxx favorited cheeki kea's photo
18 minutes ago
voxxpopulisuxx favorited cheeki kea's photo
18 minutes ago
Doc Vega favorited Less Prone's photo
1 hour ago
Doc Vega commented on Boris's blog post 500 experts have signed a "Declaration that there is no climate emergency”
"It's like David Rockefeller admitted to Aaron Russo it was the biggest scam the global elites…"
1 hour ago
Doc Vega favorited Boris's blog post 500 experts have signed a "Declaration that there is no climate emergency”
1 hour ago
Doc Vega commented on Doc Vega's blog post Why Hasn’t Barack Obama been Indicted Yet?
"Diana Thank you!"
1 hour ago
Doc Vega posted blog posts
1 hour ago
Edward Huguenin commented on Boris's blog post 500 experts have signed a "Declaration that there is no climate emergency”
"That would be expert in biblical studies."
2 hours ago
the mighty bull favorited Boris's blog post 500 experts have signed a "Declaration that there is no climate emergency”
2 hours ago
the mighty bull commented on Less Prone's photo
Thumbnail

Gun control for dummies

"I’d hate to say it but the criminal is right the only on with brains lol"
3 hours ago
the mighty bull favorited Less Prone's photo
3 hours ago
MAC posted videos
4 hours ago
mick commented on Boris's video
4 hours ago
Burbia commented on TommyD's group The Chuckle Hut
4 hours ago
Burbia favorited TommyD's discussion Amatuer stand up routines
4 hours ago
Mr. Sizzle posted photos
5 hours ago

© 2019   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted