Snyder signed the $30 million budget supplemental, reimbursing Flint residents with credits on their water bills for water used for drinking, cooking and bathing. "A crime was committed against the children and families of Flint , and the unheeded warnings expressed to this governor, by his own inner circle, are as close to a smoking gun as you can get", said Dillon on Friday, Feb.
The finance ministry official said it did not point out China, the hosting country, who has been under fire for sparking a currency battle among the world's leading economies to boost their exports. Britain's Finance Minister George Osborne said the question was "deadly serious" and not "some adventurous journey into the unknown". "We will not resort to competitive devaluations to boost our advantage in exports".
Just hours after winning a board vote to take control of Japanese electronics maker Sharp Corp, Foxconn Technology Group said in a surprise reversal that it would postpone signing a definitive agreement because of "new material information".
In an email to then-chief of staff Dennis Muchmore and others, Brader requested that the governor's office ask Flint's emergency manager to return to Detroit's system on October 14. "This is a public relations crisis because of a real or perceived problem is irrelevant waiting to explode nationally", predicted Ari Adler, special projects manager, in January 2015.
Policymakers from the Group of 20 big developed and emerging economies said they would use "all policy tools - monetary, fiscal and structural - individually and collectively" to strengthen growth and financial stability. "It is even causing new problems, raising debt, causing bubbles and excessive risk taking, zombifying the economy,"_ - German Finance Minister Wolfgang Schaeuble says the debt-financed growth model has reached its limits".
Referring to monetary and fiscal policy and structural reforms, Lagarde said, "There has to be action on all fronts". To foster confidence, monetary policies will continue to support economic activity and ensure price stability, but monetary tools alone can not lead to balanced growth, said the communique.