May 21, 2012

BOJ Shirakawa urges action to avert global crisis

BOJ Shirakawa urges action to avert global crisis
OSAKA (Reuters) – Bank of Japan Governor Masaaki Shirakawa said policymakers need to make every effort to prevent Europe’s debt woes from triggering another global financial crisis, issuing his strongest warning to date of the risk posed to the world economy ahead of a Group of 20 summit in Cannes.