Gyeongju News
-
In October 2010, the world’s top finance ministers and central bankers flew to the South Korean resort town of Gyeongju to discuss how to protect a fragile economic recovery.
-
The following is a reformatted version of a statement released today by leaders of the Group of 20 economies after talks in Seoul.
-
Canadian Finance Minister Jim Flaherty said he is siding with U.S. Treasury Secretary Timothy F. Geithner and his proposal to have Group of 20 nations commit to policies that reduce external imbalances below a specific share of gross domestic product.
-
U.S. Treasury Secretary Timothy F. Geithner expects China will allow the yuan to strengthen because officials there understand it’s in the interest both of domestic growth and global economic stability.
-
Group of 20 policy makers will try to resolve differences over exchange-rate policies this weekend as U.S. officials continue to press China to let the yuan appreciate faster.
-
Group of 20 nations agreed on an overhaul of the International Monetary Fund that gives a larger voice to emerging market nations, IMF Managing Director Dominique Strauss-Kahn said.
-
The Federal Reserve’s push toward easier monetary policy is the “wrong way” to stimulate growth and may amount to a manipulation of the dollar, German Economy Minister Rainer Bruederle said.
-
Group of 20 finance chiefs will today pledge to avoid competitive devaluations and endorse market-based exchange rates in a fresh effort to defuse mounting trade tensions before they hurt the world economy.
-
Group of 20 finance chiefs vowed to avoid weakening currencies to lift exports and left it to a leaders’ meeting next month to flesh out how to further pressure member China to allow faster gains in the yuan.
-
Group of 20 nations must avoid a downward “spiral” of competitive devaluations of their currencies, said Olli Rehn , European Union Economic and Monetary Affairs Commissioner.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page