G20 Calls For Bad Bank in Hurt Nations

April 2nd, 2009 • No Comments

One of the most interesting conclusions of the G20 summit released in the nine-page communiqué published by the group is that of the establishment of a asset disposal system. Continue reading ‘G20 Calls For Bad Bank in Hurt Nations.’

International Community Attacks Financial Industry

April 2nd, 2009 • No Comments

Thursday evening’s G20 agreement concluded with a nine page communiqué which called for, in many ways, a complete overhaul of the financial regulatory institution — including starting an international crackdown on financial institution salaries. Continue reading ‘International Community Attacks Financial Industry.’

Europeans Protest G20 Summit

March 28th, 2009 • No Comments

35,000 protesters gathered in London, England Saturday as just a small part of a European-wide demonstration demanding action on the global recession and climate changes at the upcoming meeting of the world’s strongest economies. Continue reading ‘Europeans Protest G20 Summit.’

G20: Emerging Economies Gain Representation

March 23rd, 2009 • 2 Comments

At the upcoming G20 summit in London on April 2nd, there are promises that the International Monetary Fund (IMF) will amend its representation regime to better include developing nations, an expert with the Asian Development Bank (ADB) says. Continue reading ‘G20: Emerging Economies Gain Representation.’