Highlights
A collection of news and information related to G20 published by this site and its partners.
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IMF calls on U.S. to develop credible budget plan
WASHINGTON -- Global finance leaders agreed that nations must take stronger action to spur still-lagging and uneven economic growth and job creation. And they had a pointed message for the U.S.: For the sake of the rest of the world, address your longer-...
Tags: Health Insurance Cost, Politics, International Monetary Fund, Fiscal Cliff, Public Finance
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BRICS in the development wall: Competing interests
Barely a decade old, the BRICS alliance forged to challenge Western-dominated global economic strategy may already have outlived its purpose. The collaborative five-country bloc that came together to create a counterweight to the Group of 7 rich-...
Tags: Goldman Sachs Group, Inc., South Africa, Brazil, Russia, Economy, Business and Finance
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Obama plans to visit Mexico and Costa Rica
WASHINGTON -- President Obama is scheduled to travel to Mexico and Costa Rica in early May to push for stronger economic ties, the White House announced Wednesday. In trip scheduled for May 2-4, Obama will meet with Mexican President Enrique Peña Nieto,...
Tags: Telemundo (tv network), Central America, Politics, Costa Rica, Immigration
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Greenspan says market reaction key to federal budget cuts' effect
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan said the stock market reaction to the large federal budget cuts slated for March 1 will determine how much they affect economic growth. The $85 billion in cuts this fiscal year, part of a...
Tags: Budgets and Budgeting, Politics, Federal Reserve, Public Finance, CNBC (tv network)
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G-20 moves to allay fears of 'currency war'
WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade. But the joint statement, issued at the end of a G-...
Tags: Currency Values, Barack Obama, Economy, Business and Finance, Foreign Exchange Market, China
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China still faces 'severity' in foreign trade, urges unity in Europe
China’s foreign trade situation will face “continuing severity” this year, according to Commerce Minister Chen Deming in a statement Monday. But, “if lucky,” imports and exports could still grow about 10%, according to a...
Tags: Political Fundraising, International Trade, Hu Jintao, Politics, China
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Merkel says Germany isn't Europe's sole savior
Chancellor Angela Merkel says her country is a lot of things, including “the economic engine and … the anchor of stability in Europe.” But what Germany is not, she said, is Superman, sweeping in with euro zone deposit guarantees and...
Tags: Spain, Foreign Exchange Market, Germany, Europe, Angela Merkel
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Nervous about the economy, major firms like P&G slash forecasts
It’s not just G20 politicians worrying about the economy. Major companies such as Procter & Gamble Co. and FedEx Corp. are wringing their hands – and slashing their forecasts. P&G, the world’s largest maker of consumer goods, cut its...
Tags: Companies and Corporations, Money and Monetary Policy, Procter & Gamble, FedEx Corporation, Economy, Business and Finance
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Leaders of the Group of 20 nations gather in Mexico
World NowLOS CABOS, Mexico –- With the pro-bailout New Democracy party’s victory in Greece, leaders of the world’s biggest economies averted the worst of possible scenarios heading into their annual summit Monday. The heads of the Group of 20... -
Greece's pro-euro vote spurs talk of relief on bailout conditions
World NowGlobal Focus: With mainstream politicians poised to retake control of the Athens government, Eurozone and global financial leaders have begun to signal some willingness to ease the biting pain of austerity measures that drove Greeks to the brink of... -
Mexicans back drug fight but doubt effectiveness, poll shows
World NowA new poll shows that Mexicans overwhelmingly support their government's drug war, but doubt it's doing much good.... -
Geithner headed to Europe to meet with Sarkozy and key officials
Money & CompanyTimothy Geithner: Treasury Secretary Timothy F. Geithner will travel to Europe next week to meet with key leaders about their efforts to address the debt crisis....
Apr 20, 2013
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Jun 11, 2012
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Jun 14, 2012
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Jun 20, 2012
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Jun 18, 2012
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Jun 20, 2012
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Jun 20, 2012
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Dec 2, 2011
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