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G20 Major Economies
Latest G20 Major Economies Items
Finance officials of the world's major economies expressed confidence Friday that they can meet an ambitious goal of boosting global growth by $2 trillion over the next five years.
There might be a worse time for President Obama to leave the U.S., or a worse destination for him than Russia, but at the moment it's hard to imagine an uglier combination of circumstances for presidential travel.
Meeting with top lawmakers at the White House, President Obama on Tuesday morning defended his plan for a "proportional" response against the regime of Syrian President Bashar Assad and pledged to continue working with Congress to achieve at least some level of consensus on military action.
Just before the 2013 G-8 summit got underway in Northern Ireland Monday, the U.K. Guardian reported that the British equivalent of the National Security Agency spied on foreign officials during the 2009 G-20 summit in London.
The Group of 20 meetings in Moscow this week offer the world's industrial powers an opportunity to push for better coordination of global financial regulations that give banks clear guidelines to follow, the new chief of the Washington-based Peterson Institute for International Economics said in an interview Tuesday.
The leaders of the world's largest economies will say they are united behind efforts to boost growth and job creation to repair a global economy roiled by fears over the European financial crisis, according to a draft of the statement to be released Tuesday at the end of the Group of 20 annual meeting.
The G-20 nations are conditioning giving additional money for the International Monetary Fund on the European Union first increasing its financial stabilization funds to ease concerns about the eurozone debt crisis, officials said Sunday.
President Obama was greeted at the G-20 summit in this seaside resort Thursday with a plea by French President Nicolas Sarkozy to get more involved in resolving Europe's spiraling debt crisis.
Setting the tone for his trip to the G-20 summit in France next week, President Obama said Friday the most important thing world leaders can do to boost the global economy is "to get the U.S. economy growing faster."