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G7 finance leaders warns over global sluggish economy


05-24-2016 00:44 BJT

G7 finance ministers have concluded annual talks in Japan.

The group voiced concerns about the struggling global economy as they looked for ways to encourage growth. They also pledged to clamp down on financial support for terrorist networks, with a plan to step up intelligence-sharing, freeze assets and tighten reporting rules on international transfers.

Ministers were unanimous in opposing the prospect of Britain leaving the European Union, saying it would be a "shock" to the global economy that would only worsen the current climate of geopolitical instability.

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