G20 Summit: Global economic growth faces growing threats from trade tensions

The draft declaration includes threats of increasing vulnerability to financial tensions, increased trade and geopolitical tensions, global imbalances and inequalities. In addition, although they are better prepared, emerging markets continue to face market volatility and possibly future capital outflows.

Indeed, the Brazilian Finance Minister, quoted by Reuters, said that finance ministers and central bank governors discussed the need for further reforms to protect their economies, especially in emerging market countries. the currencies have considerably weakened lately

. UniCredit, it turns out that emerging markets really have a capital outflow to developed economies, especially to the United States.

A final version of the statement will be released Sunday. This will be the result of a meeting of finance ministers from the 20 largest economies in the world, gathered in Buenos Aires.

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