Arab Today, arab today australian treasurer apec must tell europe to act
Last Updated : GMT 07:45:04
Arab Today, arab today
Arab Today, arab today

Australian Treasurer :APEC must tell Europe to act

Arab Today, arab today

Arab Today, arab today Australian Treasurer :APEC must tell Europe to act

Canberra - Xinhua

Australian federal Treasurer Wayne Swan on Thursday called on Asia-Pacific region leaders to form a united voice to urge Europe address its financial crisis quickly. Australia\'s sharemarket fell around three percent on Thursday morning, as fresh fears about the stability of Italy and Greece deepened the eurozone debt crisis overnight. Swan, who will attend the Asia-Pacific Economic Cooperation (APEC) finance ministers meeting, said the APEC meeting came at a very difficult time for the international economy with two of the world\'s biggest growth engines misfiring. While Asia is outperforming other regions, it had not escaped the impact of slower growth on both sides of the Atlantic. \"Every single economy represented at APEC has been impacted by 18 months of failure by European leaders to deal with their sovereign debt crisis,\" he told Australia Associated Press. \"This is a challenge for Europe, but we\'ve all got a stake in the outcome.\" The treasurer also said it was vital APEC, like the G20, continue to pursue key structural reforms to underpin strong, balanced and sustainable global growth. APEC can also play a key role in meeting regional challenges, such as infrastructure financing, financial regulation and financial empowerment, Swan said. As a result of the fresh fear, there were heavy selling on Wall Street and European markets overnight and the local market has followed suit, with Australia\'s benchmark ASX 200 down 126 points to 4,220 and the All Ordinaries Index was off 122 points to 4,285 at 10:45am (AEDT) on Thursday morning. The Australian dollar has been sold off in line with equities, down against all major currencies except the euro. It was buying 101.3 U.S. cents, 78.8 Japanese yen, 74.9 euro cents, and 63.7 British pence. 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australian treasurer apec must tell europe to act Arab Today, arab today australian treasurer apec must tell europe to act

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday