Unable to come up with any agreement in Seoul on resolving conflicts over currency and trade, the G20 created its own mantra: «
Persistent global imbalances pose a threat to economic stability.»
Not exact matches
US Treasury Secretary Mnuchin complained about
persistent trade surpluses and stated that «We urge the IMF to speak out more forcefully on the issue of external
imbalances, including by providing clear policy recommendations for countries with large surpluses, in support of more balanced
global growth.»
''
Global climate change results from a small yet
persistent imbalance between the amount of sunlight absorbed by Earth and the thermal radiation emitted back to space1.