The Group of 20 rich and developing nations declared their crisis-fighting efforts a success on Friday and promised to give rising powers such as China more say in rebuilding and guiding the global economy.
Iranian President Mahmoud Ahmadinejad said on Friday his country's newly disclosed nuclear fuel facility was legal and open for inspection by the International Atomic Energy Agency.
President Barack Obama's pay czar said on Friday he was using formulas and data analysis to determine executive compensation rather than relying on pay caps.
Fed anticipates; G20's Shift; BofA Urges
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and will roll out tougher rules for banks by the end of 2012, a draft communique said on Friday.
President Barack Obama's pay czar said on Friday he will not cap compensation for the top employees at bailed-out companies, and will not reveal names, when he releases the first wave of decisions within a few weeks.
President Barack Obama's pay czar said on Friday he will not cap compensation for the top employees at bailed-out companies, and will not reveal names, when he releases the first wave of decisions within a few weeks.
U.S. President Barack Obama and the leaders of Britain and France accused Iran on Friday of building a secret nuclear fuel plant and threatened tough new sanctions unless Tehran comes clean about its nuclear program.
Oil prices rose above $66 a barrel on Friday, supported by evidence of improving consumer sentiment and heightened tension around Iran's nuclear program.
A U.S. Senate panel considering a sweeping healthcare overhaul upheld a requirement on Thursday that individuals purchase health insurance and rejected a proposal that could have scuttled an $80 billion White House deal with drugmakers.
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.
Most Palestinians who want a state of their own would like to achieve it through a peace deal with Israel but there is still substantial support for the Islamist Hamas group which favors resistance, according to a new opinion poll.
U.S. President Barack Obama and other Western leaders accused Iran on Friday of building a secret nuclear fuel plant and demanded Tehran immediately halt what he called a direct challenge to the international community.
Iran has told the U.N. nuclear watchdog that it has a second uranium enrichment plant under construction, a belated disclosure sure to heighten Western fears of a stealthy Iranian quest for nuclear arms capability.
The Group of 20 will agree to phase out subsidies on oil and other fossil fuels in the medium term, but will not set a firm timetable for the move aimed at combating global warming, a draft statement said.
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
World leaders at the G20 meeting on Thursday closed in on a statement urging new restraints on bankers' pay, a flashpoint for outrage in the global financial crisis.
The U.N. Security Council, at a summit chaired by U.S. President Barack Obama, unanimously approved a resolution on Thursday that envisaged a world without nuclear weapons.
Paul Kirk, a former Democratic National Committee chairman and a close friend of the late Senator Edward Kennedy, was named on Thursday as a temporary replacement for the liberal champion in the U.S. Senate.
President Barack Obama arrived at the Group of 20 summit in Pittsburgh on Thursday with an ambitious agenda to crack down on banks' risky behavior and rebuild the global economy on a more stable footing.
German Chancellor Angela Merkel warned on Thursday that a U.S. drive to rebalance the global economy risked distracting the Group of 20 from a more urgent need for market regulation at their Pittsburgh summit.
