September 2009
4 posts
1 tag
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Global Economic Forum to Expand Permanently →
President Obama will announce Friday that the once elite club of rich industrial nations known as the Group of 7 will be permanently replaced as a global forum for economic policy by the much broader Group of 20 that includes China, Brazil, India and other fast-growing developing countries, administration officials said Thursday.
The move highlights the growing economic importance of Asia and...
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G-20 Urged to Address Financing of Emissions... →
Panelists on a discussion about efforts to fight global warming ahead of a key Copenhagen summit in December said it’s crucial for the G-20 take steps toward breaking gridlock over how emissions reductions will be financed.
At issue is how developed nations will compensate developing nations for their efforts to help cut greenhouse gas emissions. The Copenhagen summit is seen as a last best...
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Luiz Inácio Lula da Silva: G-20 Pittsburgh Summit:... →
Optimism is the leitmotif surrounding the upcoming Pittsburgh Summit. Yet certain concerns remain. A year ago, as the dramatic recession unfolded around the world, many were convinced we were heading for a repeat of the Crash of 1929.
Due to measures adopted at the G-20 Summit in London last April, the worst threat in decades to the global economy was contained.
After a 9 percent reduction,...