International Organizations G20

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  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • CHENGDU, China, July 23- Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said. The Turkish government, which introduced a state of emergency on Wednesday after the failed coup and is...

  • In a draft statement obtained by Reuters, the G20 finance ministers and central bank governors meeting in China's southwestern city of Chengdu said that excess capacity problems, "exacerbated by a weak global economic recovery and depressed market demand, have caused a negative impact on trade and workers." Officials from the United States and other...

  • CHENGDU, China, July 23- The world's leading economies will step up efforts to lift global economic growth and share the benefits more broadly, top policymakers meeting in China said on Saturday, as they seek to counter growing dissatisfaction with globalisation. Finance ministers and central bankers from the Group of 20 are huddling in China's southwestern...

  • CHENGDU, China, July 23- Britain's vote to leave the European Union may dampen global growth, but European fundamentals are strong and the British economy and banking sector are resilient, European financial leaders will tell their counterparts from the biggest economies on Saturday. Finance ministers and central bank governors from 20 of the world's...

  • CHENGDU, China, July 23- Fiscal and monetary policies are becoming less effective at spurring economic activity so the world's leading economies need to increase coordination to promote sustainable growth, China's Finance Minister Lou Jiwei said on Saturday. Lou was speaking at the start of a meeting of Group of 20 finance ministers and central bankers in the...

  • CHENGDU, China, July 23- Finance officials from the world's major economies start a two-day meeting in China on Saturday where they will confront challenges to global growth from Britain's decision to leave the European Union and consider deeper structural reforms. The G20 officials' meeting in the southwestern Chinese city of Chengdu will be a debut of sorts...

  • CHENGDU, China, July 23- Finance officials from the world's major economies start a two-day meeting in China on Saturday where they will confront challenges to global growth from Britain's decision to leave the European Union and consider deeper structural reforms. The G20 officials' meeting in the southwestern Chinese city of Chengdu will be a debut of sorts...

  • CHENGDU, China, July 23- The effectiveness of fiscal and monetary policies is diminishing and major economies should deepen coordination to promote sustainable, balanced growth, China's Finance Minister Lou Jiwei said on Saturday.

  • SHANGHAI, July 22- The yuan firmed for a fourth straight day on Friday, posting its biggest weekly gain since April as China's state-run banks were suspected of supporting the currency before Group of 20 finance officials meet this weekend in Chengdu. China typically holds the yuan steady before and during major diplomatic events. In September, a G20 summit of...

  • BEIJING— The head of the International Monetary Fund called Friday for quick action to end uncertainty over Britain's vote to leave the European Union, which she said is dampening global economic growth. Lagarde said that before the British vote, the IMF had been preparing to raise its global growth forecast by 0.1 percentage points due to improvement in Japan,...

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials. He made the remarks at a joint briefing with the officials, which also included the heads of the World Trade...

  • Treasury Secretary Jack Lew said on Thursday that G20 finance officials do not need to take the same type of massive coordinated fiscal stimulus efforts used to combat recession in 2008-2009, despite an expected global economic growth slowdown sparked by Britain's vote to leave the European Union. Lew, speaking to reporters before flying to Chengdu, China...

  • ATEHNS, July 21- Group of 20 finance officials meeting in China this weekend should agree on a broad-based approach to support consumer demand, limit private-sector debt and implement structural reforms to combat deepening risks to growth, the International Monetary Fund said on Thursday. The IMF, in a briefing note to G20 finance ministers and central bank...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 21- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • BERLIN, July 20- Germany wants a message of stability to emerge from this weekend's G20 meeting in China, where Finance Minister Wolfgang Schaeuble will also meet his newly appointed British counterpart Philip Hammond to discuss Brexit, a senior government official in Berlin said on Wednesday. The Group of 20 finance ministers and central bankers will put the...

  • *China likely to keep out of policy spotlight at meeting. SHANGHAI, July 20- Finance heads from the world's leading economies will confront fresh fears about protectionism when they meet in China this weekend, with Brexit fallout and dwindling policy options to boost global growth expected to dominate talks. The Group of 20 finance ministers and central...

  • WASHINGTON, July 19- Foreign exchange markets are not "disorderly" in the wake of Britain's vote to leave the European Union and there is no need for the Group of 20 major economies to broadly agree to tame them, the International Monetary Fund's chief economist said on Tuesday. A number of currencies have fallen sharply against the dollar since the June 23 EU...

  • LONDON, July 14- Finance ministers and central bank governors of the G20 group of countries will focus on using all tools at their disposal to promote economic growth when they meet in China next week, U.S. Treasury spokesperson said in an emailed statement after Lew met Britain's newly appointed finance minister Philip Hammond in the British capital.

  • SHANGHAI, July 9- The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China's trade minister Gao Hucheng said on Saturday. Gao made the remarks at the start of a two-day meeting of trade ministers from G20 economies in Shanghai, as uncertainty hangs over the outlook for a...