Arab Today, arab today geithner urges asiapacific economies to spur growth
Last Updated : GMT 21:41:32
Arab Today, arab today
Arab Today, arab today

Geithner urges Asia-Pacific economies to spur growth

Arab Today, arab today

Arab Today, arab today Geithner urges Asia-Pacific economies to spur growth

Washington - Arabstoday

US Treasury Secretary Timothy Geithner has urged Asia-Pacific countries to increase efforts to restore growth to the global economy.He was addressing finance ministers from the 21 countries that are members of the Asia-Pacific Economic Co-operation (Apec) group.Mr Geithner also pressed Europe to put in place a \"strong plan\" to resolve its debt crisis.The comments come ahead of a summit of Apec leaders in Hawaii.\"We are all directly affected by the crisis in Europe,\" said Mr Geithner.\"But the economies gathered here are in a better position than most to take steps to strengthen growth in the face of these pressures from Europe.\"Many countries within the Apec grouping, such as China and Indonesia, have experienced rapid economic growth, while the US and Europe have seen growth slow.Mr Geithner said it was to their advantage to become more consumption driven, and less dependent on developed economies.\"As the US continues to work through the problems that caused our crisis, and Europe confronts periods of slower growth, Asian economies will need to do more to stimulate domestic-demand growth,\" he said.This would make them \"less vulnerable to slowdowns\", he added.The US has been pushing to boost its trading relationships with countries in the Pacific region.Japan postpones its decision on joining talks on the Trans-Pacific Partnership.The summit in Hawaii, which will be hosted by US President Barack Obama, is seen as an opportunity for it to garner support for its Trans-Pacific Partnership (TPP), a free-trade pact.A handful of smaller economies have agreed to take part, and Japan\'s prime minister, Yoshihiko Noda, is considering joining.Japan is the world\'s third biggest economy, and its participation would be a major boost to the pact.

arabstoday
arabstoday

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 geithner urges asiapacific economies to spur growth Arab Today, arab today geithner urges asiapacific economies to spur growth

 



Arab Today, arab today

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 geithner urges asiapacific economies to spur growth Arab Today, arab today geithner urges asiapacific economies to spur growth

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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