Tax Havens and the Financial Crisis
posted by fincrisis | Thu, 07/05/2009 - 11:02When an entire global financial system collapses, it is reasonable to expect some bickering over the ultimate fixing of things. Rumors of dissention and talk of stimulus-paved roads to hell made everyone squeamish going into the April summit of the G20 group of large and industrialized nations in London. French President Nicolas Sarkozy even threatened to walk out on the whole thing if he didn’t get his way.
G20 to agree trebling of IMF funding to $750bn
posted by fincrisis | Thu, 02/04/2009 - 14:06Around $750bn (£512bn) could be made available to help countries pull through the global recession as a result of a decision to treble IMF funding expected to be agreed at the G20 summit in London this afternoon.
G20 draft communiqué
posted by pchowla | Thu, 02/04/2009 - 09:56The G20 draft communique has been released ahead of the London Summit. Sources say the text is unlikely to change substantially ahead of the April 2 summit.
G20 communiqué steers clear of protectionism
posted by fincrisis | Wed, 01/04/2009 - 10:24Leaders of the world’s 20 leading and emerging economies meeting in London this week are set to reiterate a pledge to avoid protectionism and complete stalled global trade talks but offer little to those calling for more economic stimulus.
On eve of G20 summit, new blow to Gordon Brown
posted by fincrisis | Mon, 30/03/2009 - 14:30Ministers were struggling to maintain momentum for the G20 summit last night after it emerged that any spending decisions would be deferred to a later meeting, further narrowing the scope of this week's London talks, which have been plagued by divisions between European leaders and Gordon Brown.
A look at stimulus plans in G20 countries
posted by fincrisis | Wed, 25/03/2009 - 18:07Following are stimulus packages being proposed by some of the Group of 20 nations that will be gathering for talks in London on April 2. The sums do not include help for the banking sector.
G20 summit in London must tackle causes not symptoms
posted by fincrisis | Thu, 12/03/2009 - 19:14The planning for next month's G20 economic summit in London is proving problematic. Sir Gus O'Donnell, the Cabinet Secretary, let slip this week that the Government is finding it "extremely difficult" to finalise the agenda because no one is answering the telephones in the US Treasury. And, inevitably, the security involved in coping with so many world leaders is proving to be a nightmare.
Vacuum in US stymies planning for G20
posted by pchowla | Wed, 11/03/2009 - 13:10Gordon Brown is struggling to organise next month’s G20 summit in London because it is hard to find anyone to speak to at the US Treasury, Britain’s most senior civil servant has claimed.