Category Archives: G20
Prime Minister Manmohan Singh arrived for the G20 summit cautioning against protectionism while declaring it was in India’s interest to have an “open, stable and rule-based” international economic environment including in trade and investment flows. “Given the vast development challenges we face it is in India’s interest to have an open, stable and rule-based international […]
The leaders attending the Seoul G20 summit will discuss and may wrap up regulatory reform on global financial market, Dong—soo Chin, Chairman of the financial services commission of South Korea, said here on Thursday.
Major nations struggled on Thursday to break a deadlock on how to fix the global economy as President Barack Obama warned the U.S. cannot continue to be a profligate consumer on borrowed money. Obama and the leaders of China, Japan, Germany and South Korea were also scheduled to hold a flurry of one-on-one talks bound to […]
Prime Minister Manmohan Singh on Friday told the global leaders that India will revert to its pre-crisis economic growth rate of 9 per cent in the next fiscal. “We grew at 9 per cent in the four years prior to the crisis, but slowed down to 6.7 per cent in the 2008-09,” Dr. Singh said, […]
This week’s Summit in Seoul is a milestone as it is the first time that the G-20 Summit has been held in the Asia-Pacific region, now the emerging centre of gravity for the world economy, where the dynamic economies of China and India are leading the global recovery. But the Seoul Summit is also to be […]
Group of 20 (G20) leaders faced calls to place cooperation above competition as they resumed their talks in Seoul Friday. The first round of discussions in the South Korean capital saw acrimony prevail, with exporting powerhouses China and Germany criticising the US’ monetary policy which has led to a weak dollar — and leaders expressing differing […]
The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.