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The meeting follows a summit in Pittsburgh in September, where G20 leaders breathed a sigh of relief. The global economy had been badly damaged by the financial storms, but not demolished. Now, in St Andrews the Finance Minsters are getting stuck into...
Tags: finance ministers, fiscal stimulus, Scotland, Alistair Darling, climate change, g20 finance, St Andrews, global recovery, ministers met
While the region's export-oriented economies were battered by the abrupt global downturn, the outlook "improved markedly during the first half of 2009," the fund said in its World Economic Outlook. "Recent developments point to a strengthening of domestic...
Tags: IMF, International Monetary Fund, World Economic Outlook, China, world economies, latest world, India, global recovery, South Africa
He credited governments with shoring up the IMF's ability to help out those facing chronic budget shortfalls. "This policy response, coupled with the dawning of a global recovery, leads me to be hopeful," Strauss-Kahn told the Washington-based Centre...
Tags: IMF, income countries, International Monetary Fund, imf chief, global recovery, Strauss-Kahn Dominique Strauss-Kahn, Pittsburgh, poor countries, Washington
The size and complexity of the five-year, $100bn (€70bn, £61bn) project are unmatched in the industry, as is Saudi Arabia’s willingness to postpone the gains the project will bring by keeping many of its oil spigots closed.
Tags: Saudi Arabia, global recovery