Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

APEC: what are the finance ministers discussing


November, 14 2023
watermark Economic news

At the recent meeting of finance ministers of the countries participating in the Asia-Pacific Economic Cooperation (APEC), key issues related to the development of the digital economy, energy support and strategies to accelerate economic growth in the region were discussed. 


This was announced by US Treasury Secretary Janet Yellen at a reception at APEC. The summit started in San Francisco on Saturday and will last until November 17. This event symbolizes the end of the year of the US presidency in the organization.


Yellen also noted that over the past decades, the Asia-Pacific region has significantly strengthened its position in the global economy, and the United States is striving to strengthen its ties with this key region. 


«This region plays an important role in global innovation, providing opportunities for economic growth. Its importance in the international arena will only increase,» Yellen stressed.


The last meeting of the APEC finance ministers made it possible to consolidate progress on key priorities, including in the areas of macroeconomics and finance. Ensuring sustainable financing in various areas, including in the fight against climate change, has become one of the main priorities of politicians. 


Separately commenting on the development of digital assets and technologies, Yellen pointed out that due to potential risks, high-quality regulation of this area is necessary.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.