G7 finance ministers meet in Paris to tackle global imbalances
G7 finance ministers and central bank governors met in Paris on May 18-19 under the French presidency, with invited partners Brazil, India, South Korea and Kenya joining some sessions. Ministers focused on easing bond-market stress and sovereign debt risks while coordinating on energy, critical raw materials and supply-chain resilience. Japan's finance minister Katayama said Prime Minister Takaichi asked her to prioritize limiting risks as Japanese government bond yields rose. The group aims to coordinate policies to prevent market shocks, protect borrowing costs and secure supplies that affect inflation and growth.
“.. We are facing a stagflationary shock,” he said on Monday, on the sidelines of the meeting of G7 finance ministers in Paris. @cnbc.com www.cnbc.com/2026/05/18/e...
This is on Donny’s hands. And his voters’ hands.
but will the stock market still go up?!
Somebody (me) predicted this more than a yr ago.
All of this was avoidable, this is Trump’s legacy to the world, economic hardship, a stronger Iran, a tense ME with Arab rivalry.
#ETTD Orange Nightmare f**king it up for the entire planet 🌍