Notice: Trying to get property 'display_name' of non-object in /home/theproficientinv/public_html/wp-content/plugins/wordpress-seo/src/presenters/meta-author-presenter.php on line 40
Market Overview

G7 leaders vow to do what it takes to fight coronavirus, support economies

imageWorld7 hours ago (Mar 16, 2020 03:07PM ET)

G7 leaders vow to do what it takes to fight coronavirus, support economies

WASHINGTON (Reuters) – Leaders of the Group of Seven wealthy democracies said on Monday they were committed to doing “whatever is necessary” to battle the coronavirus pandemic and to work together more closely to protect public health, jobs and growth.

After a call on Monday, the leaders issued a statement promising to address the health and economic risks of the COVID-19 pandemic and set the stage for a strong recovery of economic growth and prosperity.

“We resolve to coordinate measures and do whatever it takes, using all policy tools, to achieve strong growth in the G7 economies, and to safeguard against downside risks,” they said.

“To this end, we are mobilizing the full range of instruments, including monetary and fiscal measures, as well as targeted actions, to support immediately and as much as necessary the workers, companies, and sectors most affected. This is particularly important for small and medium businesses and working families,” they added.

The G7 leaders said their finance ministers would weekly coordinate implementation of the measures and develop further actions.

They called on the International Monetary Fund, the World Bank Group and other international organizations to support countries worldwide to deal with the crisis.

“We will address disturbances to international supply chains and continue our work to facilitate international trade,” they added.

G7 leaders vow to do what it takes to fight coronavirus, support economies

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top