Reply #115: Treas Undersecretary learning how to yodle SnowJobs showtunes [View All]

[UpInArms]

Adams: Snow to press China exchange rate flexibility at G7

http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38616.6251343056-843178544&siteID=mktw&scid=0&doctype=806&

WASHINGTON (MarketWatch) -- Treasury Secretary John Snow will call for "greater exchange rate flexibility" from China at Friday's meeting of finance ministers and central bankers from the world's seven richest nations, Treasury Undersecretary Tim Adams said in a prepared statement Wednesday. Adams also warned that energy supply disruptions may put a damper on world growth, and called for Europe and Asia to do more to spur demand-led growth.

3:00pm 09/21/05 TREASURY'S ADAMS: ENERGY DISRUPTIONS MAY DAMPEN WORLD GROWTH

3:00pm 09/21/05 ADAMS: SNOW TO PRESS EXCHANGE RATE FLEXIBILITY AT G7 MEETING

3:00pm 09/21/05 ADAMS: MORE DEMAND-LED GROWTH NEEDED FROM EUROPE, ASIA

3:00pm 09/21/05 ADAMS: G7 SHOULD ALLOW POOR COUNTRIES TO CANCEL DEBT