Leaders representing 85 percent of the world’s economic output were gathering Thursday in a U.S. city that has reinvented itself, hoping to bolster the global economy
G-20 leaders meet to bolster global economy
Tag Archives: economic
As G-20 opens, some Pittsburgh businesses close
To Marla Martinko, Wednesday felt like a holiday in downtown Pittsburgh. “It’s like Christmas Eve
Officials: G-20 to supplant G-8 as international economic council
Leaders of the G-20 economic summit will announce Friday that the group will become the new permanent council for international economic cooperation, senior U.S.
Ahmadinejad at U.N.: Iran ready to work with other nations
Iranian President Mahmoud Ahmadinejad said Wednesday that his country is committed to helping build a durable peace and security worldwide based on justice, spirituality and dignity.
Gunfights kill eight in Kashmir
An Indian army officer, a naval commando and two top militant commanders were among eight people killed in two extended gunfights in Indian-administered Kashmir, a senior police officer said Wednesday.
Greenpeace protesters dangle from Pittsburgh bridge
In what appeared to be the most visible demonstration yet of this week’s G-20 summit, four people attached to a massive banner dangled from a Pittsburgh bridge Wednesday to protest the global economic meeting.
U.S. scrambling to come up with new Afghanistan plan?
The Obama administration’s national security team is working on alternative strategies for the war in Afghanistan that may not require tens of thousands of additional U.S.
Economic summit comes year after financial meltdown
As the leaders of the world’s industrial powers gather this week in Pittsburgh, Pennsylvania, their economies are starting to emerge from the shadow of the worst financial downturn since the Great Depression. A year ago, global markets were in free fall as governments moved to prop them up, sometimes nationalizing financial institutions and automakers.
Tension grips Honduras with ousted leader’s surprise return
The Honduran government extended a nationwide curfew to 36 hours Tuesday, as the country awaits the consequence of the surprise return of deposed President Jose Manuel Zelaya. Zelaya, a centrist whose politics took a strong turn to the left once in office, was ousted in a military-backed coup on June 28.
Bank sees Asia leading global recovery
Asia is set to lead the world out of the global financial crisis in spite of the slow recovery in the US and Europe, according to the latest forecasts by the Asian Development Bank. In a dramatic contrast to its view in March, when it slashed 2009 growth forecasts for Asia excluding Japan from 7.2 per cent to 3.4 per cent, the ADB on Tuesday said the region would grow more strongly than expected both this year and in 2010.