Global growth tops agenda as G7 meeting kicks off in Japan

Japanese Finance Minister Taro Aso at a welcome reception in Sendai on May 19, 2016Finance ministers and central bankers from the G7 kick off meetings in Japan on Friday as they look to breathe life into the wheezing global economy. The two days of talks, at a famous hot spring resort in a region badly hit by the 2011 quake-tsunami disaster, may highlight a sharp divide among the club of rich nations over currency policy and how to rev up global growth. Host Japan is keen to win an endorsement for its position that fiscal stimulus is the way to kickstart the world economy, after a rally in the yen hit exporters and accelerates a slowdown at home.

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