Tag: G20

• Saturday, June 26th 2010 - 05:47 UTC

  Toronto G-20: Germany’s Merkel emphasizes “mutual understanding” with US

  

  Germany's Chancellor has insisted that Europe's leaders are making good progress in talks with the US about how to bolster fragile economic growth. Angela Merkel told journalists at the G8 summit in Canada there was “mutual understanding” with President Obama over deficit reduction plans. Leaders are attending summits of the G8 and G20 groups of leading states.

• Saturday, June 26th 2010 - 05:16 UTC

  “China playing games” with the announced Yuan flexibility, says Krugman

  

  Nobel laureate Paul Krugman said China’s pledge to make the Yuan more flexible was an “exercise in bad faith” intended to fend off international pressure for a stronger currency at this week’s Group of 20 leaders’ summit.

• Saturday, June 26th 2010 - 04:42 UTC

  Lula da Silva skips G20 because of floods and presidential election

  

  Brazilian President Lula da Silva has cancelled plans to attend the G-20 economic summit in Toronto, Canada after flooding in the northeast of the country left at least 51 people dead and 120,000 others homeless.

• Thursday, June 24th 2010 - 06:07 UTC

  G-20 summit: EU wants timetable to scrap stimuli; US warns recovery is still weak

  

  The European Union (EU) has urged the G20 club of nations to agree when to scrap their economic support packages. The EU said a coordinated exit from stimulus measures would help restore confidence and reduce the risk that some countries would be disadvantaged.

• Wednesday, June 23rd 2010 - 04:17 UTC

  Argentine congress to vote bill discriminating companies working in the Falklands

  

  Argentina’s Lower House issued on Tuesday a majority opinion, without dissent, on the bill that contemplates sanctions for companies that operate in Argentina and that wish to participate or are involved in oil activities in the Falklands/Malvinas Islands area under British administration.

• Tuesday, June 22nd 2010 - 04:54 UTC

  G20 leaders (mainly US and Europe) seem divided stimuli timing withdrawal

  

  President Barack Obama has warned against cutting national debts too quickly as it would put economic recovery at risk. In a letter to G20 leaders, the US president said that while it was important to put in place “credible plans” to cut deficits, withdrawing economic stimulus early was dangerous.

• Friday, June 4th 2010 - 05:07 UTC

  G-20 challenge: how to reduce deficits and not kill incipient economic recovery

  

  Disagreements over how quickly to reduce inflated budget deficits and restore balance to the global economy risk will be one of the main issues to be addressed at the high-level Group of 20 talks this week in South Korea.

• Saturday, May 15th 2010 - 04:44 UTC

  Brazil Furious with Argentine “Scare Practices” Threatens Trade Retaliation

  

  Brazil is seriously considering retaliation against Argentina for new rules restricting food imports which allegedly compete directly with Argentine production. EU ambassadors in Buenos Aires made a similar presentation before the Argentine congress earlier this week.

• Friday, May 14th 2010 - 03:17 UTC

  EU Ambassadors Take Trade Restrictions Protest to Argentine Congress

  

  While the Argentine government remained silent, European Union country ambassadors showed up at the Argentine Congress Thursday in order to protest against food import restrictions. The ambassadors, however, saved their criticisms and instead spoke in a conciliatory tone before the Lower House Foreign Affairs Committee, although they did not hide their “growing worry.”

• Tuesday, April 27th 2010 - 05:47 UTC

  Argentina Insists that Official Statistical Information is “Trustworthy and Solid”

  

  Argentina’s Deputy Economy Minister Roberto Feletti said the Government “will not accept economic policies to be dictated” by the International Monetary Fund (IMF) and added that country's statistical information is “trustworthy and solid.”