Finance officials from the world’s largest economies are being urged to prevent the global economy from falling into a “new mediocre” in which growth remains stuck at subpar levels for years to come, trapping millions of people on unemployment rolls.Finance ministers and central bank presidents of the Group of 20 nations, which include traditional economic powers such as the United States, Japan and Germany, and emerging economies such as Russia, China and India, were wrapping up two days of talks Friday with a joint statement of goals and a news conference expected in the early afternoon.The meetings were coming at …read more
Source: The Jakarta Post
