Obama says world leaders united and confident after bringing economy out of crisisPITTSBURGH — World leaders on Friday issued sweeping promises to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. President Barack Obama said actions taken so far “brought the global economy back from the brink.” G-20 leaders pledge ambitious financial overhaul, stop short of details on how to get therePITTSBURGH — World leaders lined up Friday behind sweeping promises to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. For now, they said, they would keep stimulus programs going “until recovery is assured.” G-20 leaders take global board-of-directors role and pledge reform agendaPITTSBURGH — Major world leaders formed themselves into a new board of directors for the global economy Friday, vowing to overhaul lax financial regulations and work harder to control dangerous imbalances that contributed to a financial meltdown. G-20 leaders adopt board-of-directors role and seek reform agenda to repair global economyPITTSBURGH — Leaders of the world’s major economies are coming together on reforms to rein in huge bank bonuses, toughen financial regulations and guard against the dangerous imbalances that contributed to the worst global downturn since the 1930s. Amid protests, world leaders near agreement limiting bankers’ pay, keeping econ revival goingPITTSBURGH — As police clashed with protesters in the streets, world leaders on Thursday closed ranks on pay limits for bankers whose risky behavior contributed to the global financial meltdown. With economies on the mend, a summit mood of cautious optimism replaced last year’s fear and uncertainty. Geithner: G-20 near agreement on limiting bankers’ pay, other issues as summit beginsPITTSBURGH — Struggling with a contentious issue, world leaders have reached basic agreement on limiting the bonuses of bankers whose risky behavior contributed to the global financial meltdown, Treasury Secretary Timothy Geithner said Thursday at a summit of the world’s largest economies. In the streets outside, protesters tussled with police on the opening day. World leaders focus on limiting bankers’ pay, looking for ways to avoid new economic meltdownPITTSBURGH — Turning from outright fear to cautious optimism, world leaders descended on the comeback city of Pittsburgh Thursday to debate how to nurture a recovering but still-wobbly global economy. The leaders appeared to be nearing agreement on one of the more contentious issues, restricting bankers’ compensation. Manmohan Singh arrives in Pittsburgh for G-20 summit amid tight securityPITTSBURGH - Prime Minister Dr. Manmohan Singh arrived on Thursday here to participate in the G-20 summit amid tight security arrangements. Manmohan in Pittsburgh for G20 summitPITTSBURGH - Prime Minister Manmohan Singh arrived here Thursday for the G20 summit that will take stock of the state of the world economy following the year-long crisis and deliberate upon how to strengthen the global financial regulatory system. World leaders gather for economic checkup; Britain’s Brown calls for greater role for G-20PITTSBURGH — Turning from outright fear to cautious optimism, world leaders descended on the comeback city of Pittsburgh Thursday to debate how to nurture a recovering but still-wobbly global economy. At calmer G-20 summit this week, Obama to seek more economic balance from other leadersPITTSBURGH — With the world’s major economies having stepped back from the brink of a devastating meltdown, President Barack Obama comes to a global summit here pushing a slimmed-down agenda designed to prevent a repeat of the conditions that caused such panic a few months ago. On eve of G20 economic summit, nations spar over key issues, US warns about complacencyPITTSBURGH — On the eve of a summit of the world’s 20 top economies, the Obama administration pressed leaders on Wednesday to overcome differences and work together more closely in confronting thorny financial and environmental problems. US warning against complacency in effort to overhaul global financial systemPITTSBURGH — The Obama administration on Wednesday cautioned against complacency on the eve of a global economic summit, arguing that signs of an economic revival are not grounds for abandoning a significant overhaul of the world’s financial system. G20 leaders face long to-do list to bolster shaken global economy, promote sustained rebound
Obama pushes for agreement on balanced growth to set stage for sustained economic recoveryWASHINGTON — President Barack Obama says he is determined to go after the “reckless risk-taking” that pushed the global economy into the worst financial crisis since the 1930s, and he is also pushing for countries to promote more balanced growth going forward. Indian envoys’ meet to focus on Pakistan, economic diplomacyNEW DELHI - With India’s neighbourhood seething in turmoil and major multilateral summits in the offing, the external affairs ministry has called around 120 Indian envoys later this month for a conclave in New Delhi to brainstorm on key foreign policy challenges. G11 signs accord to improve economic cooperationDEAD SEA - A group of lower-middle-income states, known as the Group of Eleven (G-11), Saturday signed an agreement to boost economic, trade and cultural cooperation among the member countries. Obama uses podium to express regret about past American behaviorWASHINGTON - Since taking office, President Barack Obama has made a habit of using podiums abroad to apologize and express regret for past American behavior. Bulls prop markets, Sensex shoot up 455 pointsMUMBAI - Bulls had a field day at the Indian equities markets Thursday buying stocks across key sectors such as realty, metal, capital goods and energy. Manmohan, Obama have their first encounterLONDON - Prime Minister Manmohan Singh and US President Barack Obama had their first close encounter here Wednesday - at the reception hosted by British premier Gordon Brown a day ahead of the G20 summit. Manmohan Singh calls for G20 ‘umpire’LONDON - Prime Minister Manmohan Singh has said there is a need for an international ‘umpire’ to ensure that rich nations are fulfilling their pledges. Russia to call for new reserve currency at G20MOSCOW - Russia will insist at the upcoming G20 summit in London that discussions are initiated into the possibility of creating a new world reserve currency, a Kremlin economic adviser said Monday. ‘Global financial crisis caused by white people with blue eyes’LONDON - Brazilian President Luiz Inacio Lula da Silva has said that ‘the global financial crisis was caused by white people with blue eyes’. |
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