Over the past three decades, South Korea has catapulted itself from Third World-caliber poverty to becoming a technologically superior economic powerhouse.
The pink driver that helped Bubba Watson win the 2012 Masters will be on sale next month for charity purposes.
Eurozone finance ministers agreed at a meeting in Copenhagen on Friday to increase the bailout lending limit to 700 billion euros ($930 billion), a move aimed at reassuring financial markets wary of a Eurozone default and dampening the crippling debt crisis of the past few years.
Every once in a while, the media gets a taste of off-the-cuff interactions between world leaders because a microphone is left on.
The Internet economy of the G20 countries is predicted to reach $4.2 trillion in 2016, according to a report in the Boston Consulting Group's Connected World series.
Though there are signs of recovery, the debt crisis in the developed markets and rising oil prices add to the risk factors looming large over the global economy.
Gauging U.S. presidents on the basis of how much weight they are willing to throw behind its Middle East ally Israel is a political tactic which has been around for long.
China and Turkey are seeking to cooperate on numerous other projects, both business/trade deals as well as increased mutual tourism goals and cultural exchanges.
Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
The euro gained broadly Monday as signs of fresh steps from the Group of 20 major economies to contain the euro zone debt crisis boosted sentiment, but higher oil prices hurt Asian stocks.
Following are comments from policy-makers at the Group of 20 finance ministers and central bankers meeting in Mexico City.
International bankers called on Group of 20 finance leaders on Friday to step up their efforts to promote economic growth, warning that spillover risks from the euro zone remain.
Finance ministers and central bank chiefs from the Group of 20 countries will meet this weekend in Mexico City to tackle the euro zone's debt crisis and the prospect of replenishing the International Monetary Fund.
Officials from top emerging market countries will discuss fledgling plans to set up a multilateral bank to fund projects in developing nations during upcoming Group of 20 meetings, a senior Brazilian government official said on Thursday.
It is critical that Europe put up a convincing firewall against the risk of financial contagion from its debt crisis before more aid from the International Monetary Fund is discussed, a top Treasury Department official said on Wednesday.
In a strange mix-up, Hillary Clinton stuck out at a meeting of the G20 foreign affairs ministers in Los Cabos, Mexico this week. While the 30 other foreign secretaries and ministers wore crisp white shirts, Clinton stuck out sporting a lime green blouse. The informal meeting marked the first time the G20 Ministers of Foreign Affairs assembled together. The G20 members gathered in Mexico to discuss among other issues food security, sustainable development and the growing international economy.
European Union leaders will call at a summit next week for the world's 20 biggest economies (G20) to agree in April to substantially boost funds available to the International Monetary Fund, draft conclusions of the meeting showed.
Ratings agency Standard & Poor's warned Monday that it may downgrade "a number of highly rated" Group of 20 countries in 2015 if their governments fail to enact reforms to curb rising health-care spending and other costs related to aging populations.
Economic growth, jobs and protectionism are the top three worries at the start of 2012, according to a Call to Action published by 11 leaders of international organizations on Friday in a bid to kick-start debate at next week's Davos Forum.
Europe needs to cough up a lot more than $200 billion to the International Monetary Fund before calling on others to boost the international lender's funding capacity to deal with the fallout from the European debt crisis, Canadian Finance Minister Jim Flaherty said on Wednesday.
Standard & Poor's credit rating downgrades of nine Eurozone countries will fuel attempts by European Union lawmakers to slap stricter curbs on sovereign ratings.
Financial Stability Board Chairman Mark Carney on Sunday rejected calls from the banking industry to delay planned tougher capital rules for lenders, saying such a move would not spur strong growth.
