World's finance chiefs meet to tackle debt crisis

OTTAWA — Finance officials from the world’s leading economies will be less focused on “currency wars” at meetings this week despite recent attention on Japan’s aggressive monetary policy, according to a senior Canadian finance official on Tuesday.

Finance ministers from the G20 bloc of leading economies pressed Europe to tackle its debt crisis to stave off a global downturn as they gathered in Paris for tense talks on Friday.Eurozone leaders were celebrating Slovakia's delayed ratification of new powers to the currency union's bail-out fund, but there was no respite from the crisis, with Spain's credit downgrade underlining the threat to banks.

GYEONGJU, South Korea (MNI) - The meeting of Group of 20 finance ministers and central bank chiefs ended here Saturday amid claims that real progress has been made on addressing the global imbalances and the spats over currency interventions that have dogged the global economic recovery.

MOSCOW (AP) -- Finance ministers and central bankers from the world's 20 leading industrial and developing countries have pledged not to target their exchange rates for competitive purposes....