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G20 backs early-warning plan against crisesLeading world economies have agreed to put the policies of seven major nations under a microscope as part of a plan to prevent a repeat of the global financial crisis. The pact was agreed by the Group of 20 nations after months of wranglin More… |
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G20 to pledge to avoid ‘competitive devaluation’Finance leaders from the Group of 20 economies will pledge on Saturday to commit themselves to pursue market-determined exchange rates and refrain from 'competitive devaluation' of their currencies, a G20 source said. A communique More… |
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Economic recovery to go on, say G20 membersG20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said. Kim Jae-chun, deputy governor of South Korea's central bank who co-chaired the meeting of G2 More… |
