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High stakes debut looms for Obama at G20 summit

Source: Turkish Press

Washington : DC : USA | 8 months ago

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Seldom can a US president have faced such a stern first test overseas as the one awaiting Barack Obama at Thursday's Group of 20 economic crisis summit in London. Obama has spent the exhausting first two months of his presidency battling to ensure the worst economic slump in generations...

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Obama to Attend Olympic Vote

By: BiodunIginla

Tuesday, September 29, 2009 If you have trouble reading this e-mail, go to: http://www.nytimes.com//indexes/2009/09/28/politics/politicsemail/index.html http://

2 months ago
Meeting of BRIC Finance Ministers convened by India at Istanbul

By: chnarendra

Finance Minister, Shri Pranab Mukherjee, had convened a meeting of the Finance Ministers of BRIC countries (Brazil. Russia, India, and China) at Istanbul today. The meeting was attended by Mr. Mantega, Finance Minister of Brazil, Mr. Kudrin, Finance Minister of Russia, and Mr. Yong Li, Vice Minister of Finance, China. The Finance ...

about 1 month ago
Obama Plans Subprime the Sequel

By: jdangjenn

The old cliché says that those who don’t learn from history are doomed to repeat it. The Obama administration is among those who don’t learn from history because it is preparing a repeat of the subprime mortgage debacle. The White House is about to give state and local housing agencies $35 billion to finance low interest ...

2 months ago
Cooperation in danger of being suffocated through protectionism

By: Globaltimes

To know more opinions and Comments from Global Times, please visit: http://opinion.globaltimes.cn/index.html Almost each series of Asia-Pacific Economic Cooperation (APEC) meetings has two protection-related subjects on the agenda – one is security protection, and the other is trade protection. The APEC meetings in Singapore from November ...

15 days ago
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News Stories

US not in favour of protectionism: Geithner

News Source: India Abroad | 8 months ago

Even as US President Barack Obama urged his countrymen to buy American cars, the United States Treasury Secretary on Monday insisted that the country is not in favour of protectionism and has a great interest in a growing open world economy. "We are...
Bailed-out banks seek monopoly

News Source: Arizona Daily star | 8 months ago

A handful of banks that needed government bailouts after making disastrous bets on over-the-counter derivatives are now seeking monopoly control over dealing in that market. The banks already control a big part of the multitrillion-dollar derivatives...
Ed Lotterman: Chinas wish for a world currency is just that, a wish

News Source: The Idaho Statesman | 8 months ago

Talk of a world currency has started with statements by China's premier and the head of its central bank...China now realizes that by buying up $2 trillion of other nations' money it chose to perch on the end of a very rotten financial branch...
High stakes debut looms for Obama at G20 summit

News Source: Turkish Press | 8 months ago

Seldom can a US president have faced such a stern first test overseas as the one awaiting Barack Obama at Thursday's Group of 20 economic crisis summit in London. Obama has spent the exhausting first two months of his presidency battling to ensure...
Global crisis: US expects India to play a greater role

News Source: The Financial Express | 8 months ago

But what role countries like India would want to play, would depend on the governments, Geithner said. "Those judgements, those governments would have to make," he said in response to a question. Geithner insisted that the US is advocating for an...
China's policy contributes to stabilizing int'l financial system: Geithner

News Source: China News | 8 months ago

Both the United States and China share common interests in a stable international financial system and the policy adopted by China is providing a very stabilizing role in the system, Secretary of Treasury Timothy Geithner said in Washington on...