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.
British Prime Minister David Cameron cheekily declared that Britain would open its door wide to France's rich if they flee abroad from steep tax hikes proposed by the new French government.
The European Union will soon move forward with a financial transaction tax (FTT), European Commission President Jose Manuel Barroso said Monday, as he also spoke in favour of Euro-bonds.
The world’s largest emerging-market nations will announce contributions to the IMF’s financial firewall at the Group of 20 summit meeting in Mexico, Brazil’s Finance Minister Guido Mantega announced.
British Prime Minister David Cameron has fired a broadside at Argentina ahead of the opening of the G20 summit in Mexico, accusing the country of colonialism over the Falklands and protectionism in world trade.
European governments signaled a willingness to relent on Greece’s austerity measures as leaders turn from an election victory by Greek bailout proponents to focus on safeguarding the other 98% of the Euro economy
United Nations Secretary General Ban Ki-moon reiterated his good offices to help resolve the Falklands/Malvinas sovereignty dispute between Argentina and the UK, but also pointed out “as long as the parties are willing to engage”.
By Graham Bound, London - Argentina's President Cristina Fernandez will get her wish on Monday or Tuesday, when she meets Prime Minister David Cameron in the fringes of the G20 meeting in Mexico to talk about the Falkland Islands.
Uruguay’s long standing dream of building a deep-water port in the east of the country could become a reality in coming days when China’s Prime Minister Wen Jiabao visits the country, according to the government financed newspaper La Republica.
Argentina’s Cristina Fernández spoke to French president- elect François Hollande and newly elected Russian president Vladimir Putin to congratulate them on their wins and agreed to meet them both in the next G20 meeting in Mexico.