G20 agrees on need for timely action as global economic risks rise
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WASHINGTON (Reuters) - The Group of 20 industrialized nations agreed on the need to take timely policy action to ensure that heightening risks do not prolong a global economic slowdown, Japan's central bank governor said on Friday.Bank of Japan Governor Haruhiko Kuroda said that while the global economy was likely to rebound in the latter half of this year, the risks of a further downturn were rising due to uncertainty over issues such as the U.S.-China trade dispute."There was a shared..