Tag: G-20 France summit

• Tuesday, November 1st 2011 - 05:28 UTC

  Japan intervenes to lower the Yen after reaching a record high 75 to the US dollar

  

  Japan sold the Yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.

• Tuesday, November 1st 2011 - 05:22 UTC

  US confirms Obama/CFK meeting Friday: ‘opportunity for a positive relationship’

  

  The US Government confirmed that president Barack Obama is scheduled to meet privately with President Cristina Fernández on Friday. The meeting will take place in Cannes, France one day after the G20 Summit begins.

• Monday, October 31st 2011 - 20:12 UTC

  For Euro aid package to work “all elements must be implemented” says Germany

  

  The package of measures agreed by European leaders this month to stem their debt crisis will only work “if all elements are implemented”, German Deputy Finance Minister Joerg Asmussen said in an interview Monday.

• Monday, October 31st 2011 - 01:09 UTC

  Hillary Clinton praises CFK and calls for a “strong and successful relationship”

  

  US Secretary of State Hillary Clinton congratulated President Cristina Fernández de Kirchner (CFK) after her re-election and stressed on the importance of renewing their mutual commitment for a “strong and successful relationship.”

• Saturday, October 29th 2011 - 03:31 UTC

  The G20 test is if it can prevent a future financial crisis, says Zoellick

  

  The true test for the G20 will be whether it can prevent a future financial crisis, World Bank Group President Robert Zoellick said Friday ahead of the upcoming G20 summit in Cannes.

• Friday, October 28th 2011 - 04:42 UTC

  Brazil encouraged by Europe’s plan announcement but wants to look at details

  

  Brazil's government is encouraged by Europe's announcement of a plan to resolve the nagging debt crisis, though more details are needed on the proposal to determine its viability, Brazilian Finance Minister Guido Mantega said Thursday.

• Wednesday, October 26th 2011 - 15:18 UTC

  WTO warns protectionism is gaining ground “as a political reaction” to economic difficulties

  

  Economic pressures are tempting G20 governments to resort to protectionism in a misguided bid to shield their domestic markets from problems that are unrelated to trade, the World Trade Organization said in a biannual report Wednesday.

• Wednesday, October 26th 2011 - 02:56 UTC

  CFK will meet Obama (on his request) during the G20 summit in France

  

  US President Barack Obama has requested to meet with recently re-elected President Cristina Fernández during the next G20 summit to be held on the 3rd and 4th of November in Cannes, France.

• Wednesday, October 26th 2011 - 02:36 UTC

  Brazilian president misses regional summit but prepares for G20 in France

  

  Brazilian president Dilma Rousseff won’t be attending the Ibero-American summit to take place in Paraguay next Friday and Saturday and will be represented by her Foreign Affairs minister Antonio Patriota, it was announced Tuesday.

• Thursday, October 20th 2011 - 00:10 UTC

  Argentina, Brazil and Mexico attempt to harmonize positions ahead of G20

  

  Argentina, Brazil and Mexico meeting in Uruguay ahead of the G-20 summit in France next November, agreed to demand a greater role for the region in global affairs and in helping to resolve the global economic crisis.