ECB's Coeure castigates isolationism in New York visit

Isolationism could leave the most vulnerable members of society even more exposed that they already are, European Central Bank board member Benoit Coeure said on Wednesday, defending globalisation and urging more international cooperation.Speaking in New York, Coeure said openness, collaboration and tolerance have been key for economic growth while protectionism and unilateral deregulation would only yield short-term benefits at the cost of financial stability.With the U.S. administration advoca