Group of 20 finance leaders agreed to describe global trade and geopolitical tensions as “intensified” but failed to express the desire to resolve them, three G20 sources said as a second day of meetings got underway on Sunday. After rocky negotiations that nearly aborted the issuance of a communique, the finance ministers and central bank governors gathered in Fukuoka, southern Japan, agreed to affirm language on trade issued in Buenos Aires last December, the sources with knowledge of the final communique language said. The Buenos Aires meeting launched a five-month trade truce between the United States and China ... (full story)