Tag: G-20 Mexico summit

G-20 Mexico summit
Tuesday, November 6th 2012 - 06:56 UTC

G20 adopts soft approach on deficits fearing risks of worsening the slowdown

IMF Lagarde admits the language on fiscal issues has evolved given the situation in different countries (Photo AP)

The world's leading economies gave themselves a bit more space on Monday to meet targets for cutting budget deficits rather than risk worsening a slowdown in many countries, chief among them the United States.

Monday, November 5th 2012 - 13:02 UTC

Argentina calls on G20 for global action against ‘predatory’ actions from ‘vulture funds’

Lorenzino and Marcó del Pont (L) accused the funds and risk rating agencies of the current global crisis.

Argentine Economy Minister Hernán Lorenzino called for developed countries to set limits to ‘vulture funds’ and credit rating agencies as “promoters of the global crisis,” as he addressed the G20 Finance Ministers meeting in Mexico on Sunday.

Sunday, November 4th 2012 - 06:24 UTC

Argentina to blast ‘vulture funds’ at the G20 ministerial meeting in Mexico

Minister Lorenzino: “not one dollar to the holdouts”

Argentine Economy Minister Hernán Lorenzino and Central Bank Governor Mercedes Marcó del Pont are leading the country’s delegation in the technical G20 meeting in Mexico, where they are expected to insist on the government’s criticisms against ‘vulture funds’ and credit rating agencies.

Wednesday, June 27th 2012 - 08:25 UTC

Argentina reiterates it will honour bonds maturing in August and December

Cristina Fernandez said some G-20 countries are following Argentina’s financial strategies

Argentina will pay back 5.716 billion dollars in bonds maturing next August and December, several of them tied to GDP evolution, confirmed president Cristina Fernandez.

Monday, June 25th 2012 - 19:59 UTC

PM Cameron: Argentina’s behaviour on the Falklands and trade remains “unacceptable”

The UK PM recalled that several G20 leaders had arguments with Cristina Fernandez on trade protectionism

During a speech at the House of Commons in London on Monday, United Kingdom’s Prime Minister David Cameron blasted Argentina for its “unacceptable behaviour” regarding the Falkland Islands sovereignty claim.

Wednesday, June 20th 2012 - 06:52 UTC

Last minute deal on trade barriers reveals strong divide at the G20 summit

Brazilian president Rousseff proposed re-opening the Doha round to lower trade barriers

World leaders extended by one year their vow not to put up new trade barriers at the G20 summit on Tuesday in a last-minute deal that exposed deep rifts over protectionism.

Wednesday, June 20th 2012 - 06:30 UTC

Countries boost IMF emergency funding to 456 billion dollars

IMF Christine Lagarde, countries large and small have rallied to our call of action

Nations from around the world firmed up their commitments to provide emergency resources for the International Monetary Fund (IMF) designed to deter the spread of crises and increase the institution’s lending capacity to help countries in financial trouble.

Tuesday, June 19th 2012 - 23:56 UTC

Argentina invites Russia’s Gazprom to consider investing in YPF operations

Cristina Fernandez and Vladimir Putin met in the sidelines of the G20 summit

The technical teams of Argentine nationalized hydrocarbon companies YPF and Russia’s Gazprom will begin to do joint work in the area, said Foreign Minister Héctor Timerman

Tuesday, June 19th 2012 - 22:45 UTC

Falklands at G20: brief exchange between Cameron and Cristina Fernandez

The two leaders met in the sidelines of G20 with Cameron insisting on respect for the Falklands referendum

UK PM David Cameron has refused to accept a letter from Argentina's president about her country's claim to the Falklands Islands. PM Cameron approached President Cristina Fernandez before the first session of the G20 summit in Mexico, No 10 said.

Tuesday, June 19th 2012 - 06:59 UTC

Brazil/Argentina agree G20 common position, but will wait to listen to Germany

The two ladies, Cristina and Dilma in Los Cabos

Brazil and Argentina agreed on Monday “to oppose any financial adjustment plan” and sponsor development and growth policies to face the world crisis, in the framework of the two-day G20 summit taking place in Mexico.

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