#G20
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China Breaks with G20 Statement as Cheap Exports Debate Grows
U.S. Treasury Secretary Scott Bessent said only China objected to the G20 joint statement, signaling fresh action on trade imbalances.
Bessent Defends Bond Intervention, Pushes Back on Druckenmiller
U.S. Treasury Secretary Scott Bessent defended government bond buybacks on the sidelines of the G20, saying critics’ claims did not match market data.
Andrew Bailey Warns G20 of AI-Fueled Market Correction
The Bank of England governor said overheated tech stocks, investor leverage and cyber risks could rattle global markets.
Bailey warns advanced AI could rattle global finance
Andrew Bailey warned that the most advanced AI models could amplify cyber risks, undermine market confidence and trigger sharp corrections.
U.S. Treasury bars top financial outlets from G20 coverage
Reporters from The New York Times, The Wall Street Journal and Bloomberg were kept out of this week’s meetings, while about 300 journalists were granted high-level access.