ECB's Asmussen tells G-20 to slim down policy focus


The G-20 should focus on financial regulatory reform and global finance rather than food security or labour issues, which it is "not ideally placed to deal with", European Central Bank executive board member Jörg Asmussen said on Saturday at the International Institute of Finance's (IIF) annual membership meeting in Washington, DC.

Asmussen, who argued the G-20 appeared to have lost some momentum as "the case for acting in unison" had diminished with the end of the most acute phase of the

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