It’s a day of meetings, meetings, meetings – and contemplating massive amounts of debt.
China’s inflation numbers this morning show a slowdown in consumer prices, and yet another drop in factory prices. As China contemplates deflation, the stakes are huge. They’re not the only one facing big risks today: as the political manoeuvring continues over Ukraine, Greece and the eurozone are still locked in a game of rooster (or at least, really big chickens).
Good thing economic leaders can talk it all over in person: today is the second day of the G20 meeting in Istanbul with finance ministers and central bankers. …read more
Source: Macleans
