Reuters:The Group of Seven (G7) finance leaders convened on Thursday (11 May) amidst a standoff concerning the US debt ceiling, intensifying concerns of a US recession while central banks strive for a smooth landing for the global economy.President Joe Biden exerted pressure on Republican lawmakers on Wednesday, urging swift action to raise the limit on government borrowing from the current $31.4 trillion. Failure to do so would risk plunging the...

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