G20 farm ministers settled a deal on Thursday to tackle high food prices, agreeing to a watered-down declaration that fell short of France's ambitious proposals to tighten regulation of commodity markets.
G20 farm ministers were closing in on a deal on Thursday to tackle food price volatility in what was expected to be a watered-down declaration that could still back France's call for better regulation of commodity markets.
G20 members were on the verge of inking an agreement on Thursday to curb volatility in food prices that would likely tread carefully on divisive issues like regulation and biofuels.
A deal on steps to curb food price volatility between G20 agriculture ministers next week is reachable but far from guaranteed, French Farm Minister Bruno Le Maire said on Friday.
The G20 group of large economies will jointly monitor world supplies of key grains to help prevent speculation from driving up food prices, according to a draft statement of a ministerial meeting next week.
World leaders should put cyber security on the international agenda at forums such as the G20 and bring pressure to bear on slower-moving nations to take a stand against hacking, the co-founder of a global industry body said on Tuesday.
Government officials from nearly 30 nuclear powered countries called for safety tests on Tuesday, after the disaster at Fukushima plant sparked concern over safety standards.
Lord Hurd's daughter-in-law, Catherine, was discovered dead, apparently from a suicide plunge from her four-story apartment in New York City.
Britain's finance minister endorsed his French counterpart Christine Lagarde on Sunday to succeed Dominique Strauss-Kahn as head of the International Monetary Fund, as the process for selecting a new head begins.
Christine Lagarde, the French Finance Minister and a former synchronized swimming champion, was endorsed as the new head of the International Monetary Fund.
After the resignation of besieged chief Dominique Strauss-Kahn, China on Thursday has insisted for emerging nations to be selected in the top leadership of the International Monetary Fund, Economic Times reported on Thursday.
Leading world economies agreed on Friday to put the policies of seven major nations under a microscope as part of a plan to prevent a repeat of the global financial crisis.
The Group of 20 nations agreed on Friday on a way to measure the potential risks to the global economy posed by national economic policies as part of a plan to avoid a repeat of the 2007-2009 financial crisis.
The Group of 20 nations agreed on Friday on a way to measure the potential risks to the global economy posed by national economic policies as part of a plan to avoid a repeat of the 2007-2009 financial crisis.
Faced with an uneven world recovery and uncertain outlook, finance leaders were hoping on Friday to flesh out a plan to build a global economy less prone to the booms and busts of recent decades.
The United States tried to instill confidence on Thursday that the global recovery was not at risk as finance leaders from around the world gathered to advance a plan aimed at preventing future economic crises.
A senior U.S. Treasury Department official said on Tuesday the G20 expects to make progress on guidelines for identifying economic imbalances this week and soon will be able to list countries with problems.
The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth.
The G20 hopes to make progress on developing guidelines to identify economic imbalances this week and will soon be able to list countries with the biggest problems, a senior U.S. Treasury official on Tuesday.
The world's biggest economies will struggle this week to make headway on a plan to identify countries that put the global economy at risk with China opposed to any attempt to curb its growth.
Group of 20 finance ministers and central bankers meeting in Washington later this week are expected to reach an agreement on guidelines to identify global economic imbalances, French government sources said on Tuesday.
While the world watches revolutions in the Arab world and a nuclear crisis in Japan, the Group of 20 is engrossed in an esoteric debate over something called indicative guidelines.