Name: U.S. is back at the global table, Yellen tells G7
Uploaded: 2021-02-13T22:00:06.000Z
Duration: 1 min 39 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

S Treasury Secretary Janet Yellen is taking her call for hefty government spending to boost economies out of the doldrums caused by the health crisis on the road.

In a Friday video meeting with her peers from the Group of Seven rich nations, or G seven, as it is called yelling called for continued fiscal support to bolster the global economy, saying quote, The time to go big is now going big.

Yellen said the US was ready to reengage the global body, which includes Britain, Japan, France, Germany, Italy and Canada, as it helps steer the global economy out of the worst slump since the Great Depression.

That is in contrast to the solitary approach taken by the Trump administration.

The G seven was thrown into chaos during the Trump years, including a 2018 incident when Trump refused to sign on to a joint communique after leaders summit Because of a trade dispute between the US and Canada, Yellen is promising a more cooperative tone Under the Biden administration, three U.

Is now signaling an openness to support G seven efforts toe have the International Monetary Fund provide help to low income countries hit by the health crisis.

Other topics on the table included inequality, vaccines, climate change and an international solution to the tax challenges resulting from the digital economy.

 Yelling and her counterparts are laying the groundwork for leaders from the G seven who are expected to hold their first in person summit in two years at a British seaside village in June. 

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U.S. is back at the global table, Yellen tells G7

approach

depression

boost

crisis