Japan urges G-7 to avert another economic crisis - News Summed Up

Japan urges G-7 to avert another economic crisis


A G-7 summit held in northern Japan paid little attention to the trouble that was brewing, he said. (Japan Pool via AP) JAPAN OUT (Associated Press)ISE, Japan — Japanese Prime Minister Shinzo Abe urged fellow leaders of the Group of Seven advanced economies Thursday to avert another global crisis by acting to rescue the faltering global recovery. During the talks, Abe compared the current global economic situation to conditions just before the 2008 financial crisis. And honestly speaking, if they (the G-7) don’t take the lead in managing this crisis, nobody else will. I will appeal to G-7 leaders to take up this challenge.”He said the EU is seeking more support for refugees and creation of resettlement schemes and other forms of legal migration around the world.


Source: Washington Post May 25, 2016 20:03 UTC



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