Economic improvement: Fernando Haddad arriving for a press conference in Rio de Janeiro. The G20 is committed to resisting protectionism and stresses on the need to reduce economic inequalities at the summit. — AFP
RIO DE JANEIRO: Group of 20 (G20) financial leaders says the global economy is likely heading for a “soft landing”, but they also warn wars and escalating conflicts could endanger this outlook, while more global cooperation could make growth stronger.
In a joint communique after a two-day meeting in Brazil, finance ministers and central bankers from the G20 major economies also committed to resist protectionism in trade and stressed the need to reduce economic inequalities.
