G-20 chiefs confront growing economic threats

Tokyo

THE global economy has not recovered as well as expected from the crisis of 2008 and now renewed strains in the international financial system are adding to concerns about the future, G-20 financial leaders will hear at their two-day meeting in Istanbul starting on Monday.

Finance ministers and central bank governors from the world's score of leading advanced and emerging economies will be given a series of warnings from the IMF, the OECD and the Institute of International Finance (IIF) on the growing threats to economic and financial stability.