Another G7 summit is over with nothing much to show for it. Highly orchestrated meetings such as the...
Another G7 summit is over with nothing much to show for it. Highly orchestrated meetings such as the one in Okinawa rarely surprise the markets these days. Most of the issues have been exhaustively discussed way ahead and any communique endlessly rehearsed (if it hasn't been leaked) weeks before the final release. There was nothing from this summit on key issues for the markets: Japan's economic condition, US monetary policy, global financial regulation or risk control. The only faintly spontaneous moments were the flurries over exactly when President Bill Clinton would leave the Camp ...
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