Davos (Switzerland) (AFP) – Bank of Japan Governor Haruhiko Kuroda on Saturday urged a Davos panel not to succumb to pessimism over the state of the world economy, as he welcomed the “big decision” by the ECB to embark on a huge bond-buying spree.Kuroda was addressing the closing event at the World Economic Forum in Davos, the four-day gathering that brings together 2,500 of the world’s most influential executives and leaders.Insecurity and risk weighed on this year’s meet after a year of unforeseen conflict in Ukraine and the out-of-the-blue rise of Islamic State extremists in Iraq and Syria.”Some of the …read more
Source: Business Insider