t bad enough, policy makers are increasingly spending other peoples’ money to bail their country out. At the upcoming G - 20 meeting , finance ministers from around the world will contemplate an increase to the resources of the International Monetary
China widens the yuan's trading band to 1% from 0.5%, the first such move since 2007, and coming a few days ahead of G - 20 talks. While the move may be aimed to quiet Western politicians who like to use such occasions to lecture the Chinese about
Stocks ended mixed as a better-than-expected jump in pending home sales helped the market bounce off early lows after the G - 20 rebuffed calls from the eurozone for more bailout funding. As in previous sessions, the Dow reached but failed to close
Market preview: U.S. stocks look to follow Europe and open lower after G - 20 officials punted on key decisions over the weekend regarding more international aid for Europe. S&P futures -0.4% . Concern
a 2011 dividend of $0.41, up 14%. In London, shares -2.6% (7:00 ET). Discussion, not action, from G - 20 . G - 20 officials met this weekend, accomplishing little other than discussing some of the global Complete Story »
G - 20 ministers indicated this weekend they expect to reach an agreement ..... effectively delaying discussion of new international support until the G - 20 's next gathering in April. ( G - 20 communique ) Post your comment!
The U.S. will likely water down part of the Volcker Rule, or at least that seems to be the sentiment among G - 20 finance ministers. At question is the prop trading ban on foreign sovereign debt, which foreign finmins have "thoroughly explained
G - 20 officials discussed the threat to the global economy from rising oil prices, sources say, but the U.S. did not openly call
though he signals Japan's readiness to intervene again if speculators push the yen too high. Speaking from the G - 20 summit , he says the yen hasn't been directly addressed, though currency volatility was discussed. Post your comment!
to the Washington-based lender, said in an interview. G - 20 nations including Japan and China pledged to help Europe ..... S. is a handicap, especially if you consider that the G - 20 is a consensus mechanism," Nogueira Batista said. Ray