World


G7 Finance Ministers warn on debt and bond market turmoil amid Iran conflict

Paris, May 18 (UNI) Finance ministers and central bank chiefs from the G7 nations have gathered in France on Monday for the two-day deliberations over rising public debt, volatile bond markets and the global economic fallout due to disruption in energy and supply chains following Iran war.
The two-day meeting in Evian is being held under the rotating G7 presidency and comes as investors fear higher energy prices could fuel inflation and trigger further interest rate hikes globally.
The summit will also address terrorism financing and the supply of critical minerals, US Treasury Secretary Scott Bessent said.
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