On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1440 AM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
82° Feels Like: 87°
Wind: ENE 7 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Thunderstorms Early 65°

Tomorrow

AM Showers 78°

Sat Night

Partly Cloudy 66°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

G-20 ready to take action to underpin global growth: Saccomanni

Italy's Minister of Economy and Finance Fabrizio Saccomanni gestures during a session at the annual meeting of the World Economic Forum (WEF
Italy's Minister of Economy and Finance Fabrizio Saccomanni gestures during a session at the annual meeting of the World Economic Forum (WEF

ROME (Reuters) - Italy's outgoing Economy Minister Fabrizio Saccomanni on Wednesday said market turmoil in emerging markets is a threat to global growth and the world's 20 major economies are ready do what is necessary to underpin output.

"The very recent financial turbulence in emerging markets, as a consequence of global factors and local conditions, shows that the world economic recovery is still vulnerable," Saccomanni said at a conference in Rome.

"The G-20 ministers of finance are confronting this new challenge and are ready to take any action that may be needed to strengthen the foundations of the world economic recovery and growth."

Saccomanni is likely to be Italy's economy minister only for a few more days as center-left leader Matteo Renzi is currently putting together a new government to replace the one led by caretaker Prime Minister Enrico Letta, who resigned last week.

(Reporting by Giuseppe Fonte; writing by Steve Scherer)

Comments