G-7 pledges joint action to secure global growth from virus impact

Finance chiefs from the Group of Seven industrialized nations pledged Tuesday to make concerted response in addressing negative impact on the global economy from the coronavirus outbreak but fell short of announcing any immediate action."Given the potential impacts of COVID-19 on global growth, we reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks," G-7 finance ministers and central bank governors said in a statement released after their emergency conference call.The G-7 groups Britain, Canada, France, Germa…READ FULL ARTICLE