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Global Finance Chiefs Head to Bali to Talk Inflation, Debt, Oil

  • G-20 finance ministers, central bank leaders meet amid crisis
  • Currency, debt are in focus in fragile times for world economy

Financial stewards of the biggest economies in the world descend on the tropical island of Bali this week at a time when rapid inflation threatens to further destabilize populations and turn fragile recoveries into recession.

The Group of 20 meetings of finance ministers and central bank governors Friday and Saturday in Indonesia will focus on a bevy of issues around soaring prices, threats of more sovereign defaults, and engineering soft landings for economies still in Covid recovery mode.