G7 commit to tackling cyber attacks

T TV Sunday 14/May/2017 14:16 PM
By: Times News Service

Presenting a united front. Finance chiefs from many of the world's leading rich nations meeting for a second day in southern Italy.
The aim for the G7 and central bankers on Saturday is to join forces to fight the growing threat of international cyber attacks.
And the timing of the discussion couldn't be more apt.
Coming after a global cyber attack infected tens of thousands of computers in nearly 100 countries on Friday.
According to a draft statement seen by Reuters, the G7 will say cyber incidents represent a growing threat for their economies and that appropriate economy-wide policy responses are needed.
Secretary of the Treasury to the US Steven Mnuchin arrived later, but with a smile on his face after signing an 100-day economic plan with the Chinese.
Tense trade talks have dominated the meetings. After Trump's criticisms of financial regulation and trade.
But members have successfully persuaded the US to maintain a commitment to free trade.
A pledge which will strengthen links between the nations.