G20 http://www.globalpost.com/taxonomy/term/29004/all en INTERVIEW-G20 should focus on debts, not Japan-bashing - Russia http://www.globalpost.com/dispatch/news/thomson-reuters/130201/interview-g20-should-focus-debts-not-japan-bashing-russia <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Don't rush to judgment on Japan - finance sherpa</p> <p>* Moscow meeting to seek new debt reduction formula</p> <p>* G20 should get involved in IMF voting reform process</p> <p>By Lidia Kelly</p> <p>MOSCOW, Feb 1 (Reuters) - Russia's top financial diplomat said the Group of 20 should focus on making new commitments to curb borrowing, and not rush to judge Japan's bid to reflate its economy when policy makers meet this month.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/interview-g20-should-focus-debts-not-japan-bashing-russia" target="_blank">read more</a></p> Economics G20 International economics International relations Thomson Reuters Fri, 01 Feb 2013 07:00:55 +0000 5742623 at http://www.globalpost.com IIF warns G20 against financial rules disarray http://www.globalpost.com/dispatch/news/afp/130211/iif-warns-g20-against-financial-rules-disarray <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The global banking industry on Monday urged the Group of 20 economic powers to deliver on pledges to harmonize financial regulation, warning their commitment appears to be fraying.</p> <p>The Institute of International Finance said its members were "deeply troubled" by the current trend toward "increasingly fragmented financial regulation."</p> <p>The tendency of nations to act to protect their own financial service sectors and taxpayers against future global risk "is threatening to undo decades of cross-border cooperation," the IIF said in a statement.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130211/iif-warns-g20-against-financial-rules-disarray" target="_blank">read more</a></p> Financial institutions G20 Institute of International Finance AFP Mon, 11 Feb 2013 17:30:34 +0000 5752881 at http://www.globalpost.com IIF sees currency 'skirmish," urges G20 progress http://www.globalpost.com/dispatch/news/afp/130211/iif-sees-currency-skirmish-urges-g20-progress <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The global banking industry on Monday urged the Group of 20 economic powers to deliver on pledges to harmonize financial regulation, warning their commitment appears to be fraying.</p> <p>The new managing director of the Institute of International Finance, Tim Adams, also sought to downplay concerns about a currency war, an issue expected to be at the top of the agenda at G20 finance talks later this week.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130211/iif-sees-currency-skirmish-urges-g20-progress" target="_blank">read more</a></p> Economics G20 International economics International relations AFP Mon, 11 Feb 2013 21:01:00 +0000 5753035 at http://www.globalpost.com US urges G20 to avoid competitive forex devaluation http://www.globalpost.com/dispatch/news/afp/130211/us-urges-g20-avoid-competitive-forex-devaluation <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The United States on Monday called on the Group of 20 economic powers, which holds a meeting later this week, to avoid competitive devaluation of their currencies that would threaten economic growth.</p> <p>"To ensure growth strategies in the world's largest economies are mutually compatible and promote global growth the G20 needs to deliver on the commitment to move to market-determined exchange rates and refrain from competitive devaluation," said Lael Brainard, the Treasury under secretary for international affairs.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130211/us-urges-g20-avoid-competitive-forex-devaluation" target="_blank">read more</a></p> Economics G20 International economics Macroeconomics AFP Mon, 11 Feb 2013 21:02:00 +0000 5753055 at http://www.globalpost.com IIF sees currency 'skirmish," urges G20 progress http://www.globalpost.com/dispatch/news/afp/130211/iif-sees-currency-skirmish-urges-g20-progress-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The global banking industry on Monday urged the Group of 20 economic powers to deliver on pledges to harmonize financial regulation, warning their commitment appears to be fraying.</p> <p>The the new managing director of the Institute of International Finance, Tim Adams, also sought to downplay concerns about a currency war, an issue expected to be at the top of the agenda at G20 finance talks later this week.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130211/iif-sees-currency-skirmish-urges-g20-progress-0" target="_blank">read more</a></p> Economics G20 International economics International relations AFP Mon, 11 Feb 2013 21:15:39 +0000 5753082 at http://www.globalpost.com G20 defuses talk of 'currency war', no accord on debt http://www.globalpost.com/dispatch/news/thomson-reuters/130216/g20-defuses-talk-currency-war-no-accord-debt <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* G20 finance officials declare no "currency wars"</p> <p>* Underline need to restore growth before cutting debts</p> <p>* Japan escapes direct criticism over currency policy</p> <p>* Communique hardened up, closer to G7 FX statement</p> <p>By Gernot Heller and Maya Dyakina</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130216/g20-defuses-talk-currency-war-no-accord-debt" target="_blank">read more</a></p> Economics G20 International economics International relations Thomson Reuters Sat, 16 Feb 2013 08:30:23 +0000 5757379 at http://www.globalpost.com G20 seeks to banish 'economic warfare' fears http://www.globalpost.com/dispatch/news/afp/130216/g20-seeks-banish-economic-warfare-fears <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>G20 finance ministers sought Saturday to convince markets at a meeting in Moscow they would not slide into "economic warfare" with competitive devaluations of currencies to boost activity.</p> <p>British Finance Minister George Osborne warned of the dangers of slugging out a currency war but expressed confidence the ministers would give a clear signal in their final communique that it is markets and not governments who determine exchange rates.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/g20-seeks-banish-economic-warfare-fears" target="_blank">read more</a></p> Economics G20 International economics International relations AFP Sat, 16 Feb 2013 11:00:18 +0000 5757426 at http://www.globalpost.com Climate change real economic risk, World Bank tells G20 http://www.globalpost.com/dispatch/news/afp/130216/climate-change-real-economic-risk-world-bank-tells-g20 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The president of the World Bank on Saturday warned the finance chiefs of the world's leading economic powers that global warming is a real risk to the planet and already affecting the world economy in unprecedented ways.</p> <p>Adressing the G20 finance ministers at their meeting in Moscow, Jim Yong Kim called on the world powers to "tackle the serious challenges presented by climate change."</p> <p>"These are not just risks. They represent real consequences," said Kim, calling the lack of attention to the issue by finance ministers and central bank chiefs "a mistake".</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/climate-change-real-economic-risk-world-bank-tells-g20" target="_blank">read more</a></p> G-20 major economies G20 G20 Technology AFP Sat, 16 Feb 2013 11:45:53 +0000 5757445 at http://www.globalpost.com G20 vows to refrain from competitive forex targeting http://www.globalpost.com/dispatch/news/afp/130216/g20-vows-refrain-competitive-forex-targeting <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>G20 finance ministers on Saturday pledged to crack down on corporate tax avoidance and not to target specific exchange rate values that could spark a currency war, the final communique said.</p> <p> "We will refrain from competitive devaluation. We will not target our exchange rates for competitive purposes," said the communique after the G20 meeting in Moscow.</p> <p>The G20 finance ministers are hoping to convince markets at their meeting in Moscow they will not slide into so-called "economic warfare" with competitive devaluations of currencies to boost activity.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/g20-vows-refrain-competitive-forex-targeting" target="_blank">read more</a></p> Economics G20 International economics Macroeconomics Technology AFP Sat, 16 Feb 2013 12:45:32 +0000 5757472 at http://www.globalpost.com G20 pledges to refrain from currency warfare http://www.globalpost.com/dispatch/news/afp/130216/g20-pledges-refrain-currency-warfare <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>G20 finance ministers on Saturday moved to calm fears of looming "economic warfare" on the currency markets, pledging they would not target specific forex rates or devalue currencies to make them more competitive.</p> <p>The jitters -- similar to previous disputes with China -- have been set off by Japan's plan of monetary easing to boost inflation and activity by reducing the value of the yen under new Prime Minister Shinzo Abe.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/g20-pledges-refrain-currency-warfare" target="_blank">read more</a></p> Economics G20 Human Interest International economics Macroeconomics Technology AFP Sat, 16 Feb 2013 13:45:48 +0000 5757489 at http://www.globalpost.com G20 pledges to hold back from currency warfare http://www.globalpost.com/dispatch/news/afp/130216/g20-pledges-hold-back-currency-warfare <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>G20 finance ministers on Saturday moved to calm fears of looming "economic warfare" on the currency markets, pledging they would not target specific forex rates or devalue currencies to make them more competitive.</p> <p>The jitters -- similar to previous disputes with China -- have been set off by Japan's plan of monetary easing to boost inflation and activity by reducing the value of the yen under new Prime Minister Shinzo Abe.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/g20-pledges-hold-back-currency-warfare" target="_blank">read more</a></p> Economics G20 Human Interest International economics International relations Technology AFP Sat, 16 Feb 2013 15:30:58 +0000 5757563 at http://www.globalpost.com Yex weakens in Asia after G20 talks http://www.globalpost.com/dispatch/news/afp/130217/yex-weakens-asia-after-g20-talks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The yen weakened in early Asian trade Monday after a G20 meeting ended with the world's leading economies pledging not to devalue their currencies, but without targeting Tokyo over the yen's plunge.</p> <p>The dollar strengthened to 93.90 yen, against 93.53 yen in New York on Friday, while the euro fetched 125.40 yen, from 124.97 yen in US trading.</p> <p>The G20 pledge echoed a similar recent statement by the G7 richest nations which was also approved by Japan, whose monetary policy has been heavily criticised over claims it guided the yen's steep fall in recent months.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130217/yex-weakens-asia-after-g20-talks" target="_blank">read more</a></p> Economics G20 International economics Macroeconomics AFP Sun, 17 Feb 2013 23:02:46 +0000 5758546 at http://www.globalpost.com Yen weakens in Asia after G20 talks http://www.globalpost.com/dispatch/news/afp/130217/yen-weakens-asia-after-g20-talks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The yen weakened in early Asian trade Monday after a G20 meeting ended with the world's leading economies pledging not to devalue their currencies, but without targeting Tokyo over the yen's plunge.</p> <p>The dollar strengthened to 93.90 yen, against 93.53 yen in New York on Friday, while the euro fetched 125.40 yen, from 124.97 yen in US trading.</p> <p>The G20 pledge echoed a similar recent statement by the G7 richest nations which was also approved by Japan, whose monetary policy has been heavily criticised over claims it guided the yen's steep fall in recent months.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130217/yen-weakens-asia-after-g20-talks" target="_blank">read more</a></p> Economics G20 International economics Macroeconomics AFP Mon, 18 Feb 2013 01:15:39 +0000 5758589 at http://www.globalpost.com Top legislators from G20 countries convene in Mexico http://www.globalpost.com/dispatch/news/asianet/130405/top-legislators-g20-countries-convene-mexico <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Asianet </div> </div> </div> <!--paging_filter--><p></p><P> Top legislators from the G20 member countries gathered Thursday in Mexico City for a two-day forum on economic recovery.</p><P>Other topics for the two-day event include the fight against corruption, food security, climate change, water management and energy generation, according to a statement posted on the forum's official website by Ernesto Cordero Arroyo, president of the Mexican Senate.</p><P>The G20 Speakers' Consultation Forum, now in its fourth year, has become an integral part of the G20 consultation mechanism and Mexico will continue to make the forum a proper platform for inter-</p> <p><a href="http://www.globalpost.com/dispatch/news/asianet/130405/top-legislators-g20-countries-convene-mexico" target="_blank">read more</a></p> G-20 major economies G20 G20 Technology Asianet Fri, 05 Apr 2013 20:36:53 +0000 Asianet 5802968 at http://www.globalpost.com G20 could step up fight against tax evasion http://www.globalpost.com/dispatch/news/afp/130418/g20-could-step-fight-against-tax-evasion <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The Group of 20 leading economies could step up the battle against tax evasion using offshore accounts in its meetings Thursday and Friday, officials said.</p> <p>The G20 is expected to weigh endorsing a global effort to force banks to automatically share information with countries seeking to tax their nationals holding secret offshore accounts -- an effort that could deal a blow to tax havens like the Cayman Islands, Hong Kong, Switzerland and others.</p> <p>It remained unclear how far the G20 will go. At least the United States and France are said to be hoping for a strong endorsement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130418/g20-could-step-fight-against-tax-evasion" target="_blank">read more</a></p> Finance G20 International taxation Offshore finance Social Issues Technology AFP Fri, 19 Apr 2013 00:16:41 +0000 5819794 at http://www.globalpost.com