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News Source: Press TV
| 5 months ago
However, after a two-day summit in the southern Italian city of Lecce, G8 finance ministers failed to agree on a number of issues related to the global financial crisis, including testing the viability of banks in European banks. "The force of the...
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News Source: The Journal Gazette
| 5 months ago
Financial chiefs from the Group of Eight industrialized nations Saturday offered their most optimistic assessment yet of the global crisis, noting encouraging signs of economic stabilization and calling for an exit strategy from the policies that...
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News Source: Fox News
| 5 months ago
The Group of Eight finance ministers issued a statement saying the worst of the global financial crisis had passed, that they would now concentrate on managing a return to growth and would continue to work on aiding poorer countries after their...
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News Source: Asian Wall Street Journal
| 5 months ago
World financial leaders are starting to examine how they'll unwind their emergency spending packages and bank rescues amid signs the economic crisis may have hit bottom. Finance ministers from the Group of Eight major industrial powers on Saturday...
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News Source: International Business Times
| 5 months ago
Growth should remain the principal focus of policy among the G8 and broader G20 economies," Geithner told a news conference after finance ministers from the Group of Eight economies finished a two-day meeting here. He said recovery has not yet...
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News Source: The Daily Telegraph
| 5 months ago
US Treasury Secretary Timothy Geithner says top global economies should not look to cut their economic stimulus plans to fight the crisis as there is no recovery yet. "I don't think we're at the point yet where we can say we have a recovery in place,...
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News Source: Toronto Star
| 5 months ago
Finance Minister Jim Flaherty says it's time for governments in Canada and elsewhere to think about getting out of the business of trying to use public money to cure the sick economy. "I think what we need to work on is an exit strategy," Flaherty...
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News Source: MarketWatch
| 5 months ago
International Monetary Fund's first deputy managing director, John Lipsky, and others hold news conference on the state of the economy, at IMF headquarters. President Barack Obama speaks to the American Medical Association on his plans to reform the...
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News Source: The Globe & Mail
| 5 months ago
Economics WriterAssociated Press, Friday, Jun. 12, 2009 02:40PM EDT T reasury Secretary Timothy Geithner called on Congress Tuesday to grant him new powers to regulate huge financial companies like insurance giant AIG, whose failure would pose a...
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News Source: Canadian Broadcasting Corporation
| 5 months ago
Whether governments should continue to stimulate the economy or begin to pull back is expected to be a key question when the G8 finance ministers meet in Italy Friday and Saturday. With the global economy beginning to show signs of recovery after...