G20

To central banks: work together or suffer alone

The invisible hand of the market does not always lead individually self-interested agents to a collectively desirable outcome. Photo: Bloomberg Global growth seems to be moving, slowly but surely, along the path to recovery. The International Monetary Fund’s latest World Economic Outlook predicts 3.5% global growth this year, up from 3.2% last year. But there’s a hitch: the easy monetary policies that have largely enabled economies to return to growth are reaching their limits, and now threaten to disrupt the…

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Referendums in Lombardy, Veneto Italy’s Internal Affair – Kremlin

Europe 14:56 23.10.2017(updated 16:04 23.10.2017) Get short URL The Kremlin spokesman has answered questions regarding the rise of separatist aspirations in Europe and Russia’s alleged meddling in other states’ affairs. MOSCOW (Sputnik) — Kremlin spokesman Dmitry Peskov has said that non-binding referendums in Italy’s richest regions of Lombardy and Veneto are an internal affair of the country. “The similar feature of Catalonia and those Italian regions is that… it is their internal affair. In the first case — of Spain, in the second — of Italy. Certainly, Russia has no…

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UPDATE: Argentina’s Macri wins mid term vote: partial results

BUENOS AIRES – Argentina’s President Mauricio Macri’s center-right coalition swept crucial mid-term elections Sunday and emerged with a strengthened hand to carry through pro-market economic reforms, according to nearly completed count results.   Millions vote in crucial Argentina mid-term election https://t.co/yG6LWkMizg — BBC News (World) (@BBCWorld) October 22, 2017 Ex-president Cristina Kirchner took a seat in the Senate, marking a return to the political stage she dominated for 12 years before stepping down in 2015, and guaranteeing herself parliamentary immunity…

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Argentina’s Macri wins crucial mid-term poll (Updated)

BUENOS AIRES: Argentina’s President Mauricio Macri’s centre-right coalition swept crucial mid-term elections Sunday and emerged with a strengthened hand to carry through pro-market economic reforms, according to nearly completed count results. Ex-president Cristina Kirchner took a seat in the Senate, marking a return to the political stage she dominated for 12 years before stepping down in 2015, and guaranteeing herself parliamentary immunity from a string of corruption charges. “We did not win as a party; what won was the certainty…

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RPT-COLUMN-Will shrinking Chinese steel exports disarm Trump’s trade guns? Andy Home – Finance News

(Repeats Oct 20 column without change. The opinions expressed here are those of the author, a columnist for Reuters)) * Chinese steel exports: http://tmsnrt.rs/2l1FIdo * Steel production and real estate: http://tmsnrt.rs/2xTtycv By Andy Home LONDON, Oct 20 (Reuters) – So what’s become of the United States’ national security investigation into steel imports? Launched in April of this year, the so-called “Section 232” investigation has since gone very quiet. “Under the final stages of review,” a Trump administration official told Reuters…

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North Korea: The myth behind the rogue nation’s relationship with China

AT FIRST glance, it seems the perfect solution to the world’s most dangerous standoff: Find a way to get China to use its enormous influence to force North Korea to abandon its nuclear bombs. The countries, after all, share a long, porous border, several millennia of history and deep ideological roots. Tens, and possibly hundreds, of thousands of Chinese soldiers, including Mao Zedong’s son, died to save North Korea from obliteration during the Korean War, and China is essentially Pyongyang’s…

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MP: Ilham Aliyev’s invitation to D-8 summit clear example of Azerbaijan-Turkey brotherhood

(MENAFN – Trend News Agency ) Baku, Azerbaijan, Oct. 21 By Samir Ali – Trend: The invitation for Azerbaijan’s President Ilham Aliyev to participate in the summit of the D-8 Organization for Economic Cooperation (D-8) in Istanbul as a special guest speaks about the president’s growing authority in the region and the Islamic world, Tahir Mirkishili, a member of the Azerbaijani parliament, told Trend Oct. 21. Mirkishili noted that this is also a good example of the Azerbaijan-Turkey brotherhood. ‘The…

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G20 Closes With $1Trillion Pledge

[Global: International Economic Summit] HENRY GOMBYA Reports for The Black Star News From G20 In LONDON, APRIL 2—-The G20 summit of leaders of industrialized and industrializing countries ended late Thursday evening here with a pledge of a $1 trillion dollars thrown in the financial markets to help ease the global economic crisis. In a communiqué issued at the end of the summit, the leaders pledged to restore confidence and growth in global finances and also pledged to create more jobs.…

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Istanbul hosted 9th Summit of D-8 Organization for Economic Cooperation President Ilham Aliyev attended the Summit as a special guest VIDEO – AZERTAC

Istanbul, October 20, AZERTAC The 9th Summit of the Developing Eight Organization for Economic Cooperation (D-8) under the motto “Expanding Opportunities through Cooperation” has been held in Istanbul. President of the Republic of Azerbaijan Ilham Aliyev attended the Summit as a special guest at the invitation of the President of the Republic of Turkey Recep Tayyip Erdogan. Prior to the Summit a joint photo was taken. The Summit started with the recitation of ayahs from Holy Quran. In his opening…

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Will shrinking Chinese steel exports disarm Trump’s trade guns? Andy Home

By Andy Home LONDON, Oct 20 (Reuters) – So what’s become of the United States’ national security investigation into steel imports? Launched in April of this year, the so-called “Section 232” investigation has since gone very quiet. “Under the final stages of review,” a Trump administration official told Reuters two months ago. Delays may be to fine-tune any sanctions to minimise collateral damage to “friendly” trading partners while focusing on China. Exports from the world’s largest producer had risen, according…

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Japan election: Shinzo Abe offers stability and for many that’s sufficient

TOKYO — Spare a thought for Japanese voters as they go to the polls in a snap parliamentary election Sunday. The economy is ticking along respectably, the stock market is at a 20-year high, the country enjoys full employment, Japanese companies are making good profits and there are no divisive problems involving race and almost no issues surrounding immigration. It is, as Daniel Sneider of Stanford University puts it, a “Seinfeld election.” An election about nothing. But this election offers one…

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G20 countries need to stop using export credit agencies to finance fossil fuel projects

Originally posted on Devex. by Kate DeAngelis, international policy analyst While some world leaders, such as South Korean President Moon Jae-in and French President Emmanuel Macron, have spouted lofty rhetoric about phasing out coal and other forms of dirty energy domestically, their pledges ignore their countries’ contributions to climate change outside their borders. Although at least seven major countries – including Canada, France, and Germany – have made commitments to phase out coal power domestically, their export credit agencies, or…

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Treasurer to Attend APEC Finance Minister’s Meeting in Vietnam

This week I will attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers Meeting in Hoi An, Vietnam, on 19-21 October. APEC is the pre-eminent economic forum in the Asia-Pacific, providing an opportunity for developed and developing economies to work together on significant global and regional issues. The upcoming meeting will be an opportunity to build on the discussions I had with my counterparts at the IMF and World Bank Annual Meetings, and the G20 Finance Ministers and Central Bank Governors…

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De Blasio barely pretends to do his job

New York seems to be following in the footsteps of Los Angeles, where municipal politics has long met with collective uninterest. Mayor de Blasio, who enjoys a large polling lead in his November re-election bid, took a vacation prior to his late August debate with Sal Albanese, a former city councilman little known to most New Yorkers. A man who often naps after his morning workouts, de Blasio has dropped the pretense of working hard as mayor. Instead, he works…

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Hangzhou, China’s Xiaoshan district rolls out campaign to collec – KTEN.com

Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@franklyinc.com SOURCE The Tourism Bureau of Xiaoshan Hangzhou The district is in the middle of a journey to transform into an international tourism destination HANGZHOU, China, Oct. 18, 2017 /PRNewswire/ — Following the success of the G20 Hangzhou summit, Xiaoshan, formerly a city…

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Compact with Africa – a game changer or another white (…)

Compact with Africa – a game changer or another white elephant? By J Boima Rogers, Guest Writer, Oxford, UK At the G20 meeting in June this initiative was launched. Is it a game changer or one more grandiose proclamation that will not go anywhere? The initiative, Germany’s support and recent developments suggest otherwise. It will hopefully improve Africa’s investment climate. At the summit, the project was spearheaded by Germany’s Angela Merkel,the leader of the largest economy in the most powerful…

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