G20

German Chancellor Angela Merkel

Merkel calls for “sensible” exit strategy

In a wide-ranging and rambling speech during a luncheon at the G20 Business summit in Seoul, Korea, Germany’s chancellor Angela Merkel called for a “sensible” exit strategy from the global credit crisis.

Glass ceiling breaks at G20

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One of the most interesting – and perhaps under-reported -- aspects of the G20 summit in Seoul is the four female political leaders in attendance. According to press reports, no prior G20 summit has had this many women heads of state.
A security checkpoint at the G20 Summit site at the COEX convention center in Seoul is seen on November 10, 2010.

G20 agrees on reducing reliance on CRA ratings

The G20 Seoul summit has agreed the BASEL III recommendation on reducing reliance on credit rating agencies (CRAs) but the onus of effecting rules relies on individual nations, said a spokesperson at the summit media centre on Thursday.
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Wind turbines are seen at Thanet Offshore Wind Farm off the Kent coast in southern England September 23, 2010.

Vestas CEO wants an hour with G20 leaders

The CEO of Vestas, a major supplier of wind turbines, is asking for heads of state to meet for an hour to help come up with methods of weaning the world from fossil fuels.
A U.S. and a Chinese flag flutter in front of Tiananmen Gate in Beijing

China not too happy with Fed's QE2

China is not too pleased with America's plan to inject more capital into its economy in the form of a second round of quantitative easing.
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Did U.S. and China strike a currency deal?

Behind the scenes, China and the U.S., two major combatants, may already have already struck an agreement, said Douglas Borthwick, head trader of Connecticut-based Faros Trading.

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