Relevant:
- IMF cuts global growth forecast, warns of stagnation risk
- China Unveils $586 Billion Economic Stimulus Plan
- Canadian Dollar Rattled by Shanghai Meltdown
- G20 to say world needs to look beyond ultra-easy policy for growth
- China April exports unexpectedly contract, import slide worsens, more stimulus seen
2016-02-25 — reuters.com
``"The G20 must plan now for coordinated demand support using available fiscal space to boost public investment," IMF staff said in the report. The Shanghai meeting is already being compared to the G20 meeting in April 2009 when officials agreed on coordinated stimulus to prevent a worldwide depression during the global financial crisis.''
...
The IMF staff said global economic growth was slowing and financial conditions were tightening for emerging economies, where commodity exporters have been hard hit by an economic slowdown in China.
"These developments point to higher risks of a derailed recovery," according to the report.
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