G7 Summit: Abe says that he will make decision on sales tax hike before summer poll

Japanese PM Shinzo Abe posting closing remarks at the end of the G7 summit, noting that global economy was the biggest theme of the summit.

Key Quotes:

Global economy was the biggest theme of the summit

Repeats the comparison between global economy now and Lehman crisis

There are concerns that the situation in EM economies is worsening

There's a risk of a prolonged slowdown in global demand

Global economy is facing a big risk of crisis

Abenomics will be deployed globally

Will make decision on sales tax hike before summer poll

Markets are wavering globally and there are shadows over emerging markets

There is a risk of the global economy falling into crisis if the appropriate policy response is not made