IMF warns rich states may fall back into recession

2011-11-11T08:30:08Z

WASHINGTON (Reuters) - The International Monetary Fund on Friday warned that advanced economies could fall back into recession unless policy-makers move with greater urgency to agree on policies to boost growth.

In a note prepared for the China has had to delay the loan of two pandas to France because the Greek debt crisis dominated the G20 summit when they hoped to finalise details, French Ecology Minister Nathalie Kosciusko-Morizet said Monday.

"Things were very far advanced. Unfortunat...

Euro zone's political bumbling risks global gloom

2011-11-07T02:31:05Z

L'ISLE-SUR-LA-SORGUE, France (Reuters) - The euro zone's repeated failure to tackle its debt crisis is catapulting the bloc toward recession, raising the specter of dangerous spillovers to the rest of the world economy.

Whittling down the euro area's mountain of debt was always going to be a long sl...

Comments by policymakers at Cannes G20

2011-11-04T07:30:40Z

CANNES, France (Reuters) - Following are comments on Friday by policymakers attending the Group of 20 Summit in Cannes, France, and other euro zone officials, as

Portugal wants U.S. help in euro crisis: source

2011-10-29T08:00:12Z

ASUNCION (Reuters) - Portugal asked Mexico on Saturday to tell fellow G20 members next week that the United States should offer "financial help" to resolve the euro zone

G20 summit to focus on euro zone debt crisis: EU

2011-10-10T04:00:07Z

BRUSSELS (Reuters) - The euro zone debt crisis is likely to be the focus of the summit of the leaders of the world's 20 biggest developing and developed economies (G20) in early November, because of concern about the dangerous spillovers it may have on the rest of the world, top Treasury Secretary Timothy Geithner has called on Europe's leaders to send a "decisive signal" that they can handle the debt crisis, as pressure builds for action to prevent further eurozone damage.

With the US and eurozone debt and deficit crisis overhanging the Europe's finance chiefs defended their approach in addressing the debt crisis as pressure built from markets and other regions to take action to prevent it from snowballing.

With the US and eurozone debt and deficit crisis overhanging the IMF-World Bank annual meeting in Wa...

G20 assurances fail to convince markets

2011-09-23T13:30:35Z

Assurances by the world's leading powers that they are moving to stabilize the global economy failed to convince Friday, as markets sank again in impatience for more convincing action.

A surprise late-night communique from Group of 20 finance ministers and central bankers Thursday recognized the sense of urgency, after a day of intense warnings from leaders around the world, including a number of the elite ...

G20 will not issue communique on crisis: sources

2011-09-16T13:30:43Z

(Reuters) - The Group of 20 leading economies will not issue a communique on the current financial crisis and the global economy after their meetings in Washington next week, Western G20 sources said on Friday.

G20 finance ministers and central bankers will discuss global economic woes at a dinner on Thursday, Septemb...

U.N. study savages U.S., European economic policy

2011-09-06T08:30:17Z

GENEVA (Reuters) - The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster in a misguided attempt to please global financial markets, the annual report of the United Nations economic thinktank Barack Obama defending US credit and the European Central Bank trying to stem a debt crisis.

Finance ministers and central bankers from the Group of 20 industrialised and eme...

Sarkozy assures Obama he sees dollar as "No. 1"

2011-01-10T13:30:22Z

WASHINGTON (Reuters) - French President Nicolas Sarkozy assured President Barack Obama on Monday he recognized the U.S. dollar's role as the world's "No. 1 currency," as the two leaders pledged to coord...

SKorea: G20 leaders need 'concrete agreements'

2010-11-03T02:30:10Z

SKorean president says G20 needs 'concrete agreements' or relevance will be questioned

Group of 20 leaders know they must achieve "concrete agreements" including goals for reducing current account and trade gaps at next week's summit or risk having their leadership of the world economy called into question, South Korea's president said Wednesday.

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IMF calls for unity ahead of G20

2010-11-02T17:59:16Z

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Central bankers reach deal on new bank regulations

2010-09-12T12:15:23Z

Top central bankers agreed Sunday on a set of new bank regulations, called Basel III, which are aimed at preventing a repeat of the recent financial crisis, the Bank for International Settlements said.

"The agreements reached today are a fundamental strengthening of the global capital standards," said Angela Knight, chief executive of the Analysis: Obama and other world leaders take the deficit-cutting pledge at G-20

World leaders made bold pledges to cut their spiraling budget deficits but will probably fall far short of their lofty goals.

After spending massive amounts of money to rescue the global economy from the worst downturn in decades, the Group of 20 major industrial and developing nations have reversed course and promised...

Are Budget Cuts and Austerity Measures the Correct Solution?

2010-11-02T12:06:17Z

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India PM says global recovery still fragile

2010-06-25T01:16:16Z

Indian Prime Minister Manmohan Singh warned Friday that the global economic recovery was still fragile as he headed for a G20 summit of world leaders in Canada.

Singh's warning came as European countries including Britain, World leaders agree to disagree on best economic strategy to focus on other issues at summit

World leaders, facing serious differences over the best way to nurture a fragile global recovery, are agreeing to disagree in a variety of key areas.

Even before the economic talks were to begin over lunch Friday, the leaders engaged in a series of dueling letters and interviews that exposed their conflicts.

The three days of talks were starting at a lakeside r...

Obama hopes for firm recovery blueprint at Canada summits

2010-08-25T13:50:34Z

US President Barack Obama hopes to return from the Group of Eight and Group of 20 meetings in Canada with new evidence that key powers will fulfill pledges to heal the global economy.

At the G8 "rich nations club" Friday and Saturday in the Muskoka vacation area, ...

G20 Channels Herbert Hoover

2010-10-27T09:16:58Z

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Is The Next Great Depression Avoidable?

2010-10-27T08:55:46Z

...

Stick With South America And Asia

2010-10-25T11:25:54Z

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Bank tax idea gains traction, still ill-defined

2010-06-25T18:34:32Z

LONDON/WASHINGTON (Reuters) - World leaders want banks and financial firms to pay up for government interventions -- past and future -- to stabilize the international financial system. While details are sketchy, some form of bank balance sheet tax appears to be gaining ground.

Bank tax proposals vary widely, with global coordination seen as crucial, but hard to attain as ever, with all eyes on an upcoming International Monetary Fund on Saturday said emergency stimulus measures must remain to avoid endangering a "nascent" economic recovery, as the G20 agreed here to maintain support.

"An overarching risk is that the recovery stalls" owing to early exits from record-low interest rates and massive state cash injections, the IMF said in a report to coincide with a meeting of Obama says world leaders united and confident after bringing economy out of crisis

World leaders on Friday issued sweeping promises to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. President Barack Obama said actions taken so far "brought the global economy back from the brink."

"We leave here today confident and united," Obama said at the conclusion of ...

G-20 leaders focus on global recovery, banker pay

2010-06-12T10:49:17Z

World leaders focus on limiting bankers' pay, looking for ways to avoid new economic meltdown

Turning from outright fear to cautious optimism, world leaders descended on the comeback city of Pittsburgh Thursday to debate how to nurture a recovering but still-wobbly global economy. The leaders appeared to be nearing agreement on one of the more contentious issues, restricting bankers' compensation.

Nerves ar...

UPDATE 1-Pittsburgh protesters demand G20 do more for jobs

2010-10-22T07:46:06Z

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Leaders agree to stimulus packages

2010-10-22T07:56:14Z

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WRAPUP 1-G20 united on stimulus, divided on bank reform

2010-10-22T07:45:08Z

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Japan's Unemployment Statistics Make Gloomy Reading

2010-10-22T07:25:17Z

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Looking Ahead: Less Stimulus, More Bernanke

2010-10-22T07:24:46Z

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Fraud claims in mayoral vote in Olympic city Sochi

2010-10-21T09:57:58Z

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Gold and the Casino Capitalism House of Cards

2010-09-08T13:08:45Z

One reputable strategist thinks the gold price will reach $3500 by 2010

Source: John Katz, Stock Research Portal and The Gold Report 04/10/2009

Members of the G20 have announced they will, as necessary, reflate their economies to create liquidity, unfreeze credit and restore global economic growth. But can reflation, whether through fiscal expansion, money printing or “quantitative easing,&#822...

Trade deficit falls for 7th straight month in Feb.

2010-10-22T13:18:02Z

US trade deficit falls in Feb. to lowest level since 1999, imports drop while exports rebound

The U.S. trade deficit plunged unexpectedly in February as the recession pushed imports down for a seventh straight month while exports rebounded a bit. Analysts said the smaller trade gap is fresh evidence the economy's downward spiral may be easing.

The dollar on Thursday as a positive Group of 20 meeting on the global economy and strong US manufacturing data gave investor confidence a big shot in the arm.

Dealers said the gains in the euro were bouyed by the Analysis: With stock declines part of crisis, summit partners try to avoid rattling markets

Global leaders are keeping a nervous eye on world markets as they try to fix their ailing economies. From New York to Tokyo, investors stand ready to instantly grade the summit of the world's 20 biggest economic powers.

As leaders gathered, the U.S. recession that triggered the g...

Full Text: Obama And Brown Address Press

2010-10-21T09:55:57Z

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Merkel and Sarkozy on the wrong side of the great G20 divide

2010-10-21T10:36:22Z

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Obama flies in ahead of G20 summit

2010-10-21T10:36:18Z

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Obama flies in for G20 summit

2010-10-21T10:36:15Z

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Leaders gathering for G20 summit

2010-10-21T10:36:15Z

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ADB warns Asia growth to almost halve in 2009

2010-10-22T11:01:23Z

Growth in Asia's developing nations will almost halve this year, the Asian Development Bank said, while data from Japan showed unemployment in the region's leading economy was at a three-year high.

Days before G20 leaders meet to discuss a way out of the worst globa...

PM urges 'clean-up' of world banks

2010-10-21T10:36:16Z

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PM's five tests for G20 summit

2010-10-21T10:36:07Z

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Africa seeks shelter from global meltdown

2010-06-12T05:18:21Z

Africa hopes for G20 help as "third wave" of global economic crisis washes over continent

The tiny, sweltering shop where Barnabus Ossai sells boxes of imported A4-sized printer paper is a world away from the trading floors and banking offices where the global economic crisis was born.

Ossai doesn't hold a subprime mortgage — the 28-year old bachelor shares a small La...

Brown hints at possible G20 deal

2010-10-21T10:36:09Z

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Brown: London can lead the new order

2010-10-21T10:36:06Z

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TOPWRAP 2-US rejects automaker pleas for more funds; G20 readies

2010-10-21T09:55:43Z

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UPDATE 2-Japan output slides but signs of bottom seen

2010-10-21T09:55:33Z

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TAKE-A-LOOK: US stock bulls may hit pause button this week

2010-10-21T09:55:42Z

...

TAKE-A-LOOK: US stock bulls may hit the pause this week

2010-10-21T09:55:43Z

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WRAPUP 2-G20 targets return to growth next year-FT

2010-10-21T09:55:43Z

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Center-left leaders mull crisis strategy ahead of G20

2010-06-26T01:45:08Z

Center-left leaders meet in Chile Saturday at a conference dominated by the financial crisis and global efforts to tackle it, ahead of a key G20 summit in London next week.

Amid a spiraling worldwide economic meltdown, British Prime Minister Gordon Brown and

G20 summit will test resolve on greener economy

2010-10-23T22:17:39Z

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Brown's G20 trip clouded by warning at home

2010-06-12T03:19:17Z

Prime Minister Gordon Brown's pre-G20 summit trip to Europe, the US and South America was clouded Wednesday by a row over a warning by Bank of England governor ...

Gilts: another reason to worry

2010-10-21T10:35:52Z

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Brown's G20 trip clouded by King warning

2010-06-12T03:16:45Z

Prime Minister Gordon Brown took his pre-G20 summit tour to New York Wednesday, but his message was clouded by a surprise warning back at home, commentators say.

Brown is on a whirlwind tour of Europe and the Americas to push plans to reform international financial rules, abo...

British PM's G20 trip clouded by warning at home

2010-06-12T03:19:20Z

British Prime Minister Gordon Brown took his pre-G20 summit tour to New York Wednesday, but his message was clouded by a surprise warning back at home, commentators say.

Brown is on a whirlwind tour of Europe and the Americas to push plans to reform international financial ru...

Globetrotting Gordon heads off to save the world (again)

2010-10-21T10:35:38Z

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TUC fears PM's G20 summit will flop

2010-10-21T10:35:32Z

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Brown calls on G20 to agree deal to help poorer countries

2010-10-21T10:35:08Z

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TOPWRAP 3-Japan issues grim report, U.S. banks provide hope

2010-10-21T09:54:24Z

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Brown: We need free trade for global recovery

2010-10-21T10:34:55Z

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G20 'Unity' On Shaky Ground

2010-10-21T09:53:48Z

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PM to focus on G20 after US success

2010-10-21T10:33:58Z

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Congress must seize the moment - PM

2010-10-21T10:34:03Z

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Work with Europe PM urges Congress

2010-10-21T10:34:06Z

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Brown's recession plea to US

2010-10-21T10:34:05Z

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Special relationship with UK hailed

2010-10-21T10:33:59Z

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Time to clean up banking - Brown

2010-10-21T10:34:04Z

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Brown flies in for talks with Obama

2010-10-21T10:33:52Z

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PM looks for united front with Obama

2010-10-21T10:33:51Z

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Brown hails benefits of US link-up

2010-10-21T10:33:51Z

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PM to seek 'global deal' with Obama

2010-10-21T10:33:49Z

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G7 sets sights on urgent economic reform

2010-10-22T13:20:50Z

The world's richest nations called for urgent reform of the global finance system and commitments to safeguard free trade as countries struggle with the worst economic crisis in decades.

Italy's Finance Minister Giulio Tremonti called for a "new world economic order" as he wrapped up the crisis meeting of finance leaders from the International Monetary Fund warned Thursday that the US housing downturn may deepen and last longer than previously forecast, and the slump could spread to other countries.

In a report to the Group of 20 developed and developing countries, the IMF said that house prices in the US and other countries could continue to plunge through ...

Brown warning against protectionism

2010-10-21T10:31:58Z

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The Postmodern Financial Crisis

2010-10-21T09:48:32Z

...

South Korea G20 Economic Summit

2010-11-15T03:02:19Z

British Prime Minister David Cameron holds a media briefing at the end of the G20 Summit in Seoul, South Korea Friday, Nov. 12, 2010. At the end of their two-day summit, the leaders of the Group of 20 rich and developing economies _ including President Barack Obama waves with South Korean President Lee Myung-bak, right, after attending the G-20 SME Finance Challenge Award winners ceremony at the G-20 summit in Seoul, South Korea, Friday, Nov. 12, 2010. (AP Photo/

ADDITION South Korea Obama G20 Summit

2010-11-12T13:35:26Z

President Barack Obama and South Korean President Lee Myung-bak and Canadian Prime Minister Stephen Harper, unseen, talk at each other during the G-20 SME Finance Challenge Award winners ceremony at the G-20 summit in Seoul

Korea G20 Summit

2010-11-12T13:05:50Z

British Prime Minister David Cameron, left, drinks tea with monks at the Bongeunsa temple in Seoul, South Korea Friday Nov. 12, 2010 as world leaders gathered in South Korea for a G20 summit. The Group of 20 leaders of the world's major economies have agreed to refrain from the compe...

APTOPIX South Korea Obama G20 Summit

2010-11-12T13:05:47Z

President Barack Obama speaks during his news conference at the G-20 summit in Seoul, South Korea, Friday, Nov. 12, 2010. (AP Photo/Pablo Martinez Monsivais)

The latest in Group Of Twenty

IMF warns rich states may fall back into recession

Euro zone's political bumbling risks global gloom

Comments by policymakers at Cannes G20

Portugal wants U.S. help in euro crisis: source

G20 summit to focus on euro zone debt crisis: EU

G20 assurances fail to convince markets

G20 will not issue communique on crisis: sources

U.N. study savages U.S., European economic policy

Sarkozy assures Obama he sees dollar as "No. 1"

SKorea: G20 leaders need 'concrete agreements'

IMF calls for unity ahead of G20

Central bankers reach deal on new bank regulations

Are Budget Cuts and Austerity Measures the Correct Solution?

India PM says global recovery still fragile

Obama hopes for firm recovery blueprint at Canada summits

G20 Channels Herbert Hoover

Is The Next Great Depression Avoidable?

Stick With South America And Asia

Bank tax idea gains traction, still ill-defined

G-20 leaders focus on global recovery, banker pay

UPDATE 1-Pittsburgh protesters demand G20 do more for jobs

Leaders agree to stimulus packages

WRAPUP 1-G20 united on stimulus, divided on bank reform

Japan's Unemployment Statistics Make Gloomy Reading

Looking Ahead: Less Stimulus, More Bernanke

Fraud claims in mayoral vote in Olympic city Sochi

Gold and the Casino Capitalism House of Cards

Trade deficit falls for 7th straight month in Feb.

Full Text: Obama And Brown Address Press

Merkel and Sarkozy on the wrong side of the great G20 divide

Obama flies in ahead of G20 summit

Obama flies in for G20 summit

Leaders gathering for G20 summit

ADB warns Asia growth to almost halve in 2009

PM urges 'clean-up' of world banks

PM's five tests for G20 summit

Africa seeks shelter from global meltdown

Brown hints at possible G20 deal

Brown: London can lead the new order

TOPWRAP 2-US rejects automaker pleas for more funds; G20 readies

UPDATE 2-Japan output slides but signs of bottom seen

TAKE-A-LOOK: US stock bulls may hit pause button this week

TAKE-A-LOOK: US stock bulls may hit the pause this week

WRAPUP 2-G20 targets return to growth next year-FT

Center-left leaders mull crisis strategy ahead of G20

G20 summit will test resolve on greener economy

Brown's G20 trip clouded by warning at home

Gilts: another reason to worry

Brown's G20 trip clouded by King warning

British PM's G20 trip clouded by warning at home

Globetrotting Gordon heads off to save the world (again)

TUC fears PM's G20 summit will flop

Brown calls on G20 to agree deal to help poorer countries

TOPWRAP 3-Japan issues grim report, U.S. banks provide hope

Brown: We need free trade for global recovery

G20 'Unity' On Shaky Ground

PM to focus on G20 after US success

Congress must seize the moment - PM

Work with Europe PM urges Congress

Brown's recession plea to US

Special relationship with UK hailed

Time to clean up banking - Brown

Brown flies in for talks with Obama

PM looks for united front with Obama

Brown hails benefits of US link-up

PM to seek 'global deal' with Obama

G7 sets sights on urgent economic reform

Brown warning against protectionism

The Postmodern Financial Crisis

South Korea G20 Economic Summit

ADDITION South Korea Obama G20 Summit

Korea G20 Summit

APTOPIX South Korea Obama G20 Summit