G7 finance chiefs warn of global uncertainty as US debt crisis looms

[superadmin]

NIIGATA: Finance leaders of the G7 rich nations warned of heightening global economic uncertainty today, as they wrapped up a three-day meet overshadowed by a US debt ceiling stalemate and fallout from Russia’s invasion of Ukraine.

Their gathering in the Japanese city of Niigata came as worries over a US default fuelled uncertainty over the global outlook, already clouded by stubbornly high inflation and US bank failures.

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