July 24, 2024 10:38 AM

G20 draft communique sees growing chance of global economic ‘soft landing’

Group of 20 finance leaders are expected to cheer the growing likelihood of a global economic "soft landing" while warning of the risks from unspecified "wars and escalating conflicts," according to a draft communique seen by Reuters on Tuesday. Speaking to the press, Brazil's G20 finance track coordinator, Tatiana Rosito, said negotiations were ongoing, but she "firmly" believed there would be consensus for an extensive joint statement, reflecting the work done so far. Rosito said the Brazili...