World Bank urges divided G20 to fix banks
More spending will give only a brief sugar high if G20 nations fail to clean up their banks, the World Bank said on Friday as economic powers struggled to agree a response to the worst downturn in decades.
G20 rift deepens ahead of crisis response talks
Japan joined the U.S. push for more government spending to fight the economic crisis on Friday but G20 unity looked seriously compromised after Paris accused Washington of disregarding the urgent need for tough market regulation.
BRIC countries to meet ahead of G20: source
Finance ministers and central bankers from Brazil, Russia, India and China will convene ahead of the Group of 20 finance chiefs' meeting in London on Friday, a Russian delegation source told Reuters on Thursday.
World economy seen shrinking as G20 meeting looms
The global economy may shrink 1-2 percent this year, World Bank President Robert Zoellick said, as revised Japanese data confirmed the world's No. 2 economy suffered its deepest slump since the oil shock of 1974.
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WTO urges G20 to uphold pledge to fight protectionism
Leaders of the G20 developed and emerging countries should not backtrack on their agreement last year to fight protectionism when they meet in London in April, the head of the World Trade Organization said on Wednesday.
European leaders eye G20 boost
European leaders meet on Sunday to form a consensual approach to tackle the global economic crisis, while U.S. President Barack Obama is due to unveil an ambitious plan to cut the ballooning deficit in half by 2013.
Financial markets plumbed new lows last week on fears governments may have to intervene to nationalize struggling banks and as grim global economic data sent investors scurrying to se...
U.S. Treasury's Paulson says economy healthy
U.S. Treasury Secretary Henry Paulson said on Friday Washington was following a strong dollar policy and indicated he expected it to rebound, emphasizing the U.S. economy's long-term strength should help the currency.
U.S. Committed to Reviving World Trade talks: Official
The top U.S. trade negotiator said on Sunday before meeting a group of developing nations the United States was committed to a successful outcome of current world trade talks.
U.S. committed to reviving world trade talks
The top U.S. trade negotiator said on Sunday before meeting a group of developing nations the United States was committed to a successful outcome of current world trade talks.
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