Tag: G-20 France summit

• Saturday, November 5th 2011 - 07:51 UTC

  Obama praises CFK and Argentina as “great friends of the US”

  

  US President Barack Obama defined Cristina Fernández and Argentina “a great friend” of the United States in a meeting between both Head of States. The bilateral meeting Friday lasted around thirty minutes and took place in the Carlton Hotel in Cannes in the framework of the G20 summit.

• Friday, November 4th 2011 - 08:24 UTC

  Papandreou yields, scraps referendum, promises to step down

  

  Intense European pressure forced debt-stricken Greece to seek political consensus on a new bailout plan instead of holding a referendum after EU leaders raised the prospect of a Greek exit from the Euro to preserve the single currency.

• Thursday, November 3rd 2011 - 23:51 UTC

  Obama tells Sarkozy: “we all need to learn lessons from CFK re-election”

  

  President Barack Obama recommended his French counterpart, Nicolas Sarkozy to follow the example set by Argentine President Cristina Fernández, who was re-elected in a landslide win just ten days ago.

• Thursday, November 3rd 2011 - 14:57 UTC

  Argentine president calls for an end to anarchy and a return to “real capitalism”

  

  During Thursday’s meetings of the Group of 20 in Cannes, Argentine President Cristina Fernández for G20 leaders to put a stop to the current “anarchistic economic capitalism” and regulate the markets, not the countries, to go back to what she referred to as “real capitalism” after three years of world economic crisis.

• Thursday, November 3rd 2011 - 08:17 UTC

  BRICS ‘leaders scheduled to decide on common stance before the G20 summit'

  

  Brazilian president Dilma Rousseff said that solutions to European and global economic difficulties need to promote economic growth and employment. Ms Rousseff arrived Wednesday in France for the summit of G-20 leaders this week, but before will be meeting with peers from the BRICS group to work out a common stance.

• Thursday, November 3rd 2011 - 08:13 UTC

  Mexico and Argentina, Latam companies most prone to pay bribes abroad says Transparency

  

  Bribing public officials when doing business abroad is a regular occurrence, according to a survey of 3,000 business executives from developed and developing countries.

• Tuesday, November 1st 2011 - 21:12 UTC

  Latin America will demand at G20 summit greater voice for emerging economies

  

  The Latin American block arrives this week at the G20 summit in Cannes with a consensus spearheaded by the strong political standing of Brazil in global affairs and with criticisms to the way in which the European Union and the US are managing their respective “crises”.

• Tuesday, November 1st 2011 - 20:52 UTC

  Merkel and Sarkozy determined to implement EU bailout plan for Greece

  

  Germany's Angela Merkel and France's Nicolas Sarkozy are “determined” to implement the EU bailout plan for Greece. That was the outcome of an emergency phone call between the two chiefs of state ahead of a G20 summit Wednesday.

• Tuesday, November 1st 2011 - 20:30 UTC

  Don’t forget poor nations, victims of Euro crisis, World Bank tells G20

  

  Development banks could provide up to 200 billion dollars in financing to help poor nations deal with shockwaves caused by the European sovereign debt crisis, World Bank President Robert Zoellick said on Tuesday.

• Tuesday, November 1st 2011 - 05:58 UTC

  ILO warns G20: risks of ‘social unrest’ in 45 countries because of lack of jobs

  

  The global economy is on the verge of a new and deeper jobs recession that may ignite social unrest, the International Labour Organization (ILO) has warned. It will take at least five years for employment in advanced economies to return to pre-crisis levels, it said.