InfoAnda - G20 plots post-crisis path; Greece dampens hopes |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Student charged in Binghamton U. professor's death | 6 December 2009
German politicians concerned about bigger role for ESM | | 5 August 2012
Questions, answers on Wall Street regulation bill | 12 December 2009

Families, Gore asked Clinton to intervene | 5 August 2009

Forum Views () Forum Replies ()

Read more with google mobile : G20 plots post-crisis path; Greece dampens hopes |

Edition: U.S. Article Comments (0) Video Save Email Print Reprints Most Popular Most Shared UPDATE 2-'South Park' airs 'censored' episode after threat 22 Apr 2010 Thai police tell "red shirts" to clear barricade 22 Apr 2010 Potentially deadly fungus spreading in U.S. and Canada 22 Apr 2010 Exclusive: WellPoint routinely targets breast cancer patients 22 Apr 2010 US Airways ends UAL merger talks 22 Apr 2010 Legalizing pot may kill buzz in California enclave 22 Apr 2010 North Korea torpedoed South's navy ship: report 22 Apr 2010 Pentagon disinvites evangelist who scorned Islam 22 Apr 2010 Thai riot police pull back from "red shirt" barricade 22 Apr 2010 Rig sinks in Gulf of Mexico, oil spill risk looms | Video 22 Apr 2010 Potentially deadly fungus spreading in U.S. and Canada 22 Apr 2010 UPDATE 2-'South Park' airs 'censored' episode after threat 22 Apr 2010 Pentagon disinvites evangelist who scorned Islam 22 Apr 2010 TJX move upscale may blur lines in high-end retail 01 Feb 2010 Exclusive: WellPoint routinely targets breast cancer patients 22 Apr 2010 Caterpillar, Navistar China JV talks progressing 22 Apr 2010 Legalizing pot may kill buzz in California enclave 22 Apr 2010 Woman jailed over cheeseball murder 22 Apr 2010 G20 plots post-crisis path; Greece dampens hopes Emily Kaiser WASHINGTON Fri Apr 23, 2010 12:24am EDT Factbox Factbox: What global finance leaders are doing in Washington Thu, Apr 22 2010 Related News Policymakers' comments at IMF, G20 meetings 12:24am EDT Related Video IMF: World economy still "fragile" Thu, Apr 22 2010 World Bank President Robert Zoellick (2nd L) and International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (3rd L) attend the G-24 meeting of the spring IMF-World Bank meeting at the IMF headquarters building in Washington April 22, 2010. Credit: Reuters/Yuri Gripas WASHINGTON (Reuters) - World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable. World | Greece The Group of 20 rich and emerging countries, whose crisis-forged unity helped to end the global recession, must find common ground on controversial matters including regulating banks, rebalancing global growth and giving fast-growing emerging economies more clout. Their talks were likely to focus also on the problems of Greece after the country's gaping budget deficit was revised even higher and investors rushed to sell its already battered debt on Thursday. The G20 has essentially supplanted the smaller G7 club of advanced economies, an acknowledgement that this crisis emanated from the rich world which now needs help from fast-growing emerging powerhouses to solves global problems. The united front, however, may already be fracturing. International Monetary Fund chief Dominique Strauss-Kahn urged the countries to stick close together on regulatory reform so that policies mesh. The sharpest divisions were over bank taxes, with Canada strongly opposed and Britain pushing for support. Finance ministers are expected to discuss two bank tax ideas proposed by the IMF. The Fund will present a report to G20 heads of state who are meeting in Toronto in June. Shin Hyun Song, a senior economic adviser to South Korean President Lee Myung-bak, said bank levies would be the "big theme" of Friday's meeting. The aim is to recoup the cost of bailouts so banks, not taxpayers, pick up the tab, but it is also a way to discourage banks from placing so many risky bets again. "If we look at the bank levy idea more broadly as a means of changing behavior for the better, rather than just raising money, then it is much easier to sell this to other countries who didn't put any public money into the banking sector," he told Reuters. He compared the bank levy to central London's congestion charge: "The primary purpose of that is to discourage people from taking their car into central London," he said. IT'S ALL GREEK In September, when G20 leaders met in Pittsburgh to draw up economic recovery plans, the mood was somewhat more upbeat. Officials summed up their recession-fighting efforts with a two-word proclamation: It worked. Economists widely agree that efforts to pump a combined $5 trillion in stimulus money into the economy and cut interest rates to the bone stopped the free-fall. However, the rescue left most advanced economies shouldering debt burdens approaching World War Two highs, and Greece's fiscal troubles highlighted how risky that can be. While Greece is not formally on the G20 agenda, it was clearly on the minds of officials gathering here -- dominating a G7 session on Thursday night. Athens' problems are somewhat unique in that its data was faulty, disguising the true size of its budget deficit. The European Union's statistics office triggered Thursday's sell-off by saying the hole was even greater than thought. European officials asked their counterparts from the United States and Japan for a "show of support" on Greece when they met at a dinner on Thursday, Japan's finance minister said. When questioned whether Europe asked for U.S. and Japanese support in rescuing Greece from a deepening debt crisis, Naoto Kan said: "Europe expressed such hope, but that is not about money. They seem to have wanted a show of support." Debt burdens in rich countries and massive surpluses in exporting giants such as China are at the heart of the global imbalances the G20 has pledged to combat. A U.S.-backed framework for global rebalancing was broadly embraced in Pittsburgh but implementation may prove tricky, particularly when the policy prescription is unpopular. Reducing imbalances means China and other export-dominated economies must adopt policies to support domestic growth, which means letting currencies rise more rapidly and investing in social safety nets to try to promote consumer spending. That could cool growth in the short run and make it hard to create sufficient jobs for a rapidly growing population. China has rejected pressure from other countries to allow its yuan to rise in value but, after a quieting of criticism from the United States, leaders have signaled they might allow it to resume appreciating. Fellow developing economy heavyweights Brazil and India, plus the European Union, have called for a stronger yuan in recent days although officials arriving in Washington ahead of the G20 meeting made few comments about the Chinese currency. Japan's Kan said G7 ministers did not discuss the yuan. (Reporting by G20 team; editing by Patrick Graham) World Greece Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters Greece worries hammer euro, stocks slide TOKYO (Reuters) - Stop-loss selling hammered the euro to a one-year low on Friday on heightened speculation Greece would have to seek a bailout to avoid default, while Asian shares fell, dragged down by resource and financial stocks. | Video Goldman underwrote, invested in Lloyds refinance: report G20 calls subdued so far for stronger yuan Goldman director in focus on Berkshire deal: report Morgan Stanley gets debt extension in Japan: sources Ericsson Q1 lags consensus in tough market » More Top News Obama fires warning at Wall St. President Obama scolded Wall Street for its "furious efforts" against financial reform, saying the U.S. was doomed to another crisis without it. Full Article | Related Story Document: The Wall Street Act Scenarios: How the fight might play out Factbox: Major reform proposals Regulation James Saft: Taxing the bank spoils It's said that if you want less of something, tax it. Will this prove true with the IMF's new bank tax proposals? Commentary Goldman case shows need for overhaul America needs bipartisan reform Making the FAT tax unnecessary Financial Regulatory Forum © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 23 April 2010
Armenia halts ratification of Turkey peace deal
Greece takes a battering on EU deficit revision
Iran tests speed boats in "major" Gulf war games
CenturyTel in 10.6-billion-dollar purchase of Qwest
Greece hit by widening deficit, ratings downgrade
New York Times posts profit, says ready to take on WSJ
U.S. sees sanctions by May; Iran lobbies against West |
Obama says financial reforms will end taxpayer bailouts
US-TECH Summary
At least 45 wounded in Bangkok blasts: hospital
Military gains seen sapping Iraq al Qaeda strength |
Naomi Campbell Rages Off ABC News Set, Strikes Camera After "Blood Diamond" Questions
Biggest study on cellphone health effects launched
U.S. signals its nuclear arms stay in Europe for now |
Gabourey Sidibe Shows Off Funny Side In "SNL" Promos
Missing Ohio Woman Found Safe In Miami With Mysterious Man
Armenia halts ratification of Turkey peace deal |
Michelle Answers Raise Eyebrows, Laughter During Take Your Child To Work Day Event
Four Decades Later, Healthy And Green Earth Day Brings Cash For Appliances
NATO agrees to launch Bosnia membership plan |
Burning Oil Rig Sinks In Gulf Of Mexico
IMF chief tries to shore up fraying G20 unity |
Obama Gets Cutter As Assistant for Special Projects
Greek workers strike, warn of social explosion |
U.S. Existing Home Sales Rise 6.8 Percent In March
Homeless May Be Protected From Hate Crimes Under Florida Law
Passengers Battered When Carnival Cruise Ship Tips
Obama makes defining pitch for finance reform
Pollution risk as US oil rig sinks after blast
Three dead, 70 wounded in Bangkok grenade attacks
Iran's Quds force in Venezuela, Latin America: Pentagon
Explosions kill 1, wound dozens in Bangkok
China will agree to new UN sanctions against Iran: Biden
Targeted killings put Pakistan's Swat back on edge
Grenade blasts kill 1, wound 75 in Bangkok
Briton's arrest in Kyrgyzstan raises concerns
Burqa bans infringe women's rights, say Indonesian clerics
Japan's most popular politician bolts conservative party
Indonesian workers riot over 'stupid' slur
Big expectations for RIM at BlackBerry trade show |
Automakers showcase new models at Beijing show
Japan's debt threatens its credit rating, says Fitch
Budapest book fest honours Israel
Fitch warns Japan credit rating at risk from debt
US-ENTERTAINMENT Summary
Korea keen on Kazakh uranium, grain
London crowds say farewell to punk pioneer McLaren
China tycoon goes on trial for graft
NCAA signs $10.8 billion basketball tourney TV deal
India in danger of urban 'chaos': report
Playboy porn breaks into Disney channel
In Haiti, schools lure back students with a free daily meal
Michelin covers three more Japanese cities
Thousands take to Swiss Alps in gruelling Glacier race
Lisa Kudrow forges diverse post Friends career |
Irish author Banville loves being Black |
NCAA signs $10.8 billion basketball tourney TV deal |
Israel PM seeks new plan as U.S. envoy visits
UK's election race tightens after second TV debate
Thai police confront red shirts after grenade attack |
Microsoft profit soars with Windows 7 sales
No sign Scuds moved to Lebanon
Under-fire Ukraine president defends Russia deal
Israel PM seeks new plan as U.S. envoy visits |
U.S. sees sanctions by May; Iran lobbies against West
Microsoft to invest in small black-owned firms in SAfrica
Stars shine spotlight on the planet for Earth Day
US newspapers draw record traffic in first quarter: NAA
Minister says rockets not fired from Jordan
G20 plots post-crisis path; Greece dampens hopes |
Amazon net profit up but shares slide
Car bomb explodes outside Northern Ireland police station |
South Korea won't retaliate alone for ship sinking |
Guatemala hands over key file in army genocide case |
No sign Scuds moved to Lebanon: U.S. officials |
Venezuela raids cocaine labs on Colombia border |
Ariz. lawmakers: Candidates must prove citizenship
NKorea says it will seize 5 SKorean assets
US, African Union pledge greater engagement
US, China to resume human rights dialogue
Alleged US victim aims to open Vatican abuse files
N.Korea seizes S.Korean assets at mountain resort
'Major oil spill' as rig sinks off US coast
China says naval exercise near Japan not a threat
China to OK new UN sanctions against Iran: Biden
South Korea won't retaliate alone for ship sinking
Thai police tell Reds to retreat after grenade attacks
Sri Lanka president to appoint new cabinet
Obama, Dalai Lama world's most popular leaders: poll
Remaining wreck of S.Korean warship lifted from seabed
Suspected militants kill 4 'US spies' in Pakistan
Redbox gets deals with Fox, Universal movie studios
Wipro quarterly profit up 21 pct, attrition rises
Chinese auto maker Chery says signs Messi
Kia Motors says Q1 profit quadruples, sales rise
PAKISTAN
NZ credit card billings rise in March
S.Korea's Kia Motors earnings quadrupled in Q1
S.Korea hopes to bridge divide over yuan
Honda doubles operating profit: report
Brazilian state bans Toyota Corolla sales on safety concerns
Susan Boyle success helps Cowell amass a fortune
Polanski loses bid to be sentenced in absentia
Fox to air delayed lingerie ad with busty models
"Dragon" set to overshadow J.Lo at box office
Woody Allen details movie with Carla Bruni
Four-day adventure gets Irish film to NY's Tribeca
Redbox gets deals with Fox, Universal movie studios
Rapper B.o.B leads chart, Glee crew ubiquitous
Nixed "Idol" Tim Urban gives secret to his smile
Polanski loses bid to be sentenced in absentia |
Woody Allen details movie with Carla Bruni |
Dragon set to overshadow J.Lo at box office |
Fox to air delayed lingerie ad with busty models |
Four-day adventure gets Irish film to NY's Tribeca |
Rapper B.o.B leads chart, Glee crew ubiquitous |
Greece pleads for debt aid
Bombs kill 56 in Baghdad after al Qaeda deaths
EU wants united airspace after ash cloud |
McAfee: rogue anti-virus slipped quality controls
Greece asks for activation of EU-IMF debt rescue
At least 32 killed in Baghdad attacks
Greece to seek EU-IMF debt bailout: govt source
Zimbabwe's Mugabe backs Iran's nuclear programme
Bombs kill 64 in Iraq after al Qaeda deaths |
Tori Spelling Starring In Planned ABC Talk Show
ABC, Fox Deny Refusal To Air Lane Bryant Plus-Size Lingerie Ad
'Major oil spill' as rig sinks off US coast
NATO irons out plan for Afghan civil, military handover
50 Cent Announces “The Invitation” U.S. Tour
Belgian bishop resigns over abuse of boy |
Iran agrees belatedly to better monitoring
SEC Staffers Engorge Hard Drives In Flaccid Economy
Two UC Davis Students Charged In Hamster Tortures
“Archie” Comes Out With First Openly Gay Character
UK parties clash over recovery after GDP data |
“Monsters Inc” Opening Sequel In 2012
Poll: Most Americans Confused About Health Care Bill
U.S. charges 11 Somalis with piracy in ship attacks |
Tiger Woods Mistress No. 1 Pitching Reality Show Idea
Napping Could Boost Memory, Especially If You Dream
NATO agrees Afghan plan, but says no rush to exit |
India police clash with Kashmir protest, 7 injured
Sri Lanka reduces Cabinet to 37 from more than 100
A day to honor poets? Quoth the raven 'Evermore'
US envoy in Israel talks amid spat between allies
Northern League says Berlusconi government doomed |
Kyrgyzstan's ousted president vows not to return
Sex abuse victim lawsuit against pope 'without merit'
Thai protesters want Parliament dissolved in month
Iraq closes secret prison, arrests 3 officers |
Suspect nabbed over killing of US consular worker
22 Indonesians die after drinking poisonous liquor
South Korea won't retaliate alone for ship sinking |
Clinton urges North Korea to avoid provocative actions
NATO says 2 US soldiers killed in Afghan firefight
China warns of anthrax, rabies in quake zone
Thai protesters welcome promise of fresh elections
Pakistani stocks down; rupee weakens; o/n rates flat
Pakistani banks to close on Saturdays to save power
Euro rises as Greece requests debt help
Euro at a year low as Greek debt weighs heavy
India approves $3.4 bln bank recapitalisation plan
India's Wipro reports profit rise
"Sondheim" tribute would be better without songs
China's Changan confirms Peugeot tie-up talks: report
Kitty Kelley's Oprah dissection a brave opus
Chinese auto maker Chery signs Messi
Singapore's 'void decks' reflect racial rainbow
Gandhi's sex life laid bare in new book
Usher's good and bad fight it out on new album |
Kitty Kelley's Oprah dissection a brave opus |
Simon Cowell ups fortune by $69 million in past year |
Avatar sets first-day Blu-ray sales record |
Sondheim tribute would be better without songs |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01