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Leaders are trying to sort through those issues to avoid a string of currency devaluations that could stunt a global recovery.

While that did not happen, what did was that the G20 nations agreed on essentially creating more money to help countries that need more aid.

"The G20 will now be seen as the premier economic organization for dealing with issues of economic management around the world, " he said.

The rest of the G20 evinced a desire to help, but not to throw money directly into such a scrum.

To do this over the next five years means an average improvement in structural budget deficits of 1 per cent a year in G20 countries.

The realisation first reached a wider Chinese audience in early April, at the time of the G20 summit in London.

Many in Pittsburgh have remarked upon the size and sophistication of China's delegation compared to any other participant barring the US.

Mr Geithner also urged reform of the Financial Stability Forum so it includes all G20 countries, giving it a stronger mandate.

Analysts said the G20 meeting, which will be hosted in South Korea on Thursday and Friday, will be the next catalyst in moving the dollar.

At times in the run up to the G20 gathering of world leaders in London on Thursday April 2nd it looked as if history might be repeated.

She said that the two countries wanted to present a plan to Obama and Medvedev before they meet at the G20 summit in London on 2 April.

All this cries out for a multilateral approach, in which institutions such as the IMF and the G20 forge consensus among the big economies.

The G20 leaders were right to argue that containing leverage has to be a focus of any revamp of the global financial system.

Take the G20 meeting in London, to which he will head at the end of next week.

Such co-ordination has been absent up to now, though that could change at the meeting of G20 leaders in London in early April.

Obama is anxious to regain the initiative as he heads into a week of statesmanship at the UN and a G20 summit in Pittsburgh.

Regulators in the G20 want to reduce the role of credit rating agencies in determining how much capital reserves banks must set aside.

The bank is one of the multilateral development banks that will help disburse up to $100 billion of new lending promised by the G20.

Unlike, say, the World Trade Organisation, the G20 has no permanent secretariat, no treaty and no means of enforcing its decisions.

For Chinese diplomats preparing for the Group of 20 summit, the trade numbers might come as something of a relief.

The G20 is trying to make sure it has a strong, common strategy for economic growth and for financial reforms.

A: You are trying to ask whether China would agree to discuss the RMB exchange rate issue at the G20 summit.

They had no plan to deal with such a crisis. Getting governments organised in eurozone summits or G20 meetings was the best they could do.

Final details of the plans will be thrashed out in the run up to a summit of G20 leaders in Pittsburgh, Pennsylvania, later this month.

In the G20 summit, President Hu's speech regarding the reform of international monetary system got to the point.

"That's part of what the G20 meeting in Pittsburgh is going to be about, making sure that there's a more balanced economy, " he said.

The G20 said the money spent on subsidies could help the poor in other, more effective, ways.

He said all G20 nations agreed on the need for a strong regulatory response to the crisis and on the broad shape it should take.

The so-called Group of 20 may be a cumbersome group, but at least it holds up something of a mirror to the world.

He said the adoption of a multi-year action plan would be a "a very big deliverable" from the two-day G20 summit, which starts on Thursday.

Take the G20 meeting a couple of weeks ago -- stepped back from its commitments of just a few months ago.

Their conference was, after all, a warm-up for the full summit taking place in Pittsburgh later this month.

As originally conceived, at least by the U. S. , this G-20 gathering was a chance to push China to allow its currency to rise more quickly.

At the April G20 summit in London, world leaders called for a fundamental re-engineering of the international systems.

The meeting March 14 is to set the common agenda for addressing the widely deepening recession that G20 leaders will take up in April.

He said G20 YES is a fabulous initiative, gathering so much energy and momentum from all over the world.

"G20 governments have continued to exercise restraint over the imposition of new trade restrictions, " the WTO concluded.

The meeting of the heads of government of the Group of 20 leading high-income and emerging countries in London is a defining moment.

But two years ago in London, Mr. Obama and his economic team were greeted at the G-20 summit as something akin to rock stars.

The G20 summit has ducked the important question of bank rescue beyond a few meaningless and self-congratulatory statements.

In any case, the G20 has no legitimacy to impose policies on those who do not agree, and especially not on non-members.

The G20 came to historic agreements in London, some of which could have far-reaching implications for the governance of the global economy.

Officials at the G20 summit, which concludes today, were trying to reconcile clashing views on currencies and current accounts.

Some useful progress, but still a way to go. That must be the conclusion of the Group of 20 summit in London.

When five EU leaders turned up in Washington, DC, for the G20 summit last November, he saw none of them.

One of the fears expressed about the weekend Group of 20 summit in Washington was that expectations might soar too high.

G20 officials said the US had been the most concerned about the new austerity drive and feared for the momentum for global growth.

Towards a Global Green Recovery sets out key measures that its authors say must be undertaken by G20 leaders meeting this week in London.

That said, the G20 agreement has some troubling flaws, leaving them with something short of a passing grade in dealing with the crisis.

At the G20 summit in London last week, the world's rich nations rallied behind him to tackle the global financial crisis.

Another potential disappointment is a lack of traction on the various reforms the G20 mooted over a year ago.

At their weekend Berlin summit they made a genuine effort to forge a common policy in advance of the Group of 20 meeting in London in April.

As the G20 leaders who met in London this week know only too well, no economy is an island in today's intertwined world.

Did the meeting of the Group of 20 in London last week put the world economy on the path of sustainable recovery?

For a start, it has no permanent secretariat.

He also said he would like to discuss ways to maintain international currency order at next weekend's G20 meeting.

Publicly, the G20's leaders would be shocked, shocked if anyone were to turn against open markets.

On the eve of April's G20 summit in London, diplomats from the European Union and South Korea were poised for a breakthrough.

Last week's meeting in Pittsburgh, Pennsylvania, was the third Group of 20 summit in less than a year.

Missile defences will be discussed by the American and Russian presidents when they meet in London at the G20 summit early next month.

The decision is in line with the recommendation made by world leaders at their G20 summit in London earlier this month.

Political leaders at the G20 meeting cannot hope to produce such a blueprint for a new global financial regulatory regime.

"The G20 should operate as a 'steering group' across a network of countries and international institutions, " he said.

As preparations for the G20 summit get under way , finance ministers meeting in London deserve credit for averting economic apocalypse .

Canadian Finance Minister Jim Flaherty said the G20 was concerned and was monitoring the situation closely.

"But here at the G20 we're going to have to flesh out more of the details about how the plan will be fully and decisively implemented. "

Mr Murphy said the recent appreciation was akin to Beijing's decision to unpeg the renminbi just before June's summit of the G20 countries.

Without a common approach to matters like next month's Group of 20 summit in London, he fears for Europe's competitiveness.

Determined optimists may at least hope Tokyo will have steeled determination to deal with global imbalances at the G20 summit in Seoul.

Thus, G20 embarked on the front from behind the scenes to assume the heavy responsibility to save the economic crisis.

Christine Lagarde, finance minister, will outline the proposals at a meeting of finance ministers from the G20 in London on Friday.

Nicolas Sarkozy arrived at the Group of 20 summit having said: "The all-powerful market that is always right is finished. "

For the G20 countries for the right to host a Korean society rejoiced that this is recognition of the international status of Korea.

The meeting of G20 finance ministers begins tomorrow in London, ahead of the G20 summit in Pittsburgh later this month.

The G20 has held three summits in less than a year. These meetings have produced positive results.

Some said the gesture was particularly grating coming after Obama's bow to Saudi Arabia's King Abdullah at a G20 meeting in April.

Those close to the G20 say that shared policy objectives were impossible to agree in the run-up to the weekend's meeting.

As you know, the third G20 Summit is to be held in the US city of Pittsburg late this month.

And despite the recent display of Franco-German unity at the G20 gathering in London, she neither trusts nor likes France's Nicolas Sarkozy.

Banks on the list will have to cooperate with regulations imposed by the agency as well as the Basel Committee of Banking Supervision.

At the G20 meeting in Pittsburgh, the industrialised economies fell short of expectations they would produce a package on climate finance.

"We also have to deal with the whole shadow banking system, which has not been addressed in a coherent manner, " the G20 source said.

But experts said the meeting would end without a clear map about how to get there.

This week's G20 summit in London must ensure that any solution to the global financial crisis also commits to sustainable economic growth.

The London Summit took place at a time when global trade is falling at the fastest rate since the Second World War.

The meeting overlaps with the two-day G20 summit that begins the next day in Toronto.

President Barack Obama and his partners must transform the unfulfilled rhetoric of the G20 into a confidence-building plan.

Obama also said it was vital that world leaders at the G20 meeting delivered "a strong message of unity in the face of crisis" .

As China Daily, a state-owned English-language newspaper, put it, "what China is going to do is be seen and be heard" at the G20.

Prime minister Gordon Brown addresses faith leaders at St Paul's Cathedral in London, ahead of the G20 summit in London.

Prime minister Gordon Brown addresses faith leaders at St Paul's Cathedral in London, ahead of the G20 summit in London.

The British aid agency says it wants to remind G20 leaders to live up to promises of aid.

But the G20 must raise its sights; the effects of this worldwide recession extend far beyond the 20 states meeting in London.

China is widely expected to let its currency appreciate somewhat by the next G-20 summit in June in Canada.

Q: Regarding the upcoming G20 Finance Ministers' Meeting in London, can you tell us what China's stance will be at the meeting?

The US legislated on derivatives nearly a year ago. The G20 could encourage other major economies to follow the same path.

The meeting, at the Great Hall of the People, focused on this week's G-20 summit as well as international issues like Iran and Afghanistan.

They said the G20 group of 20 largest economies should be the "premier forum" for international economic cooperation.

However, a senior G20 official said there was "no getting away from currency" .

Officials in Asia and Europe say the move will be discussed at the Group of 20 summit taking place in South Korea Thursday and Friday.

For much of the build-up to the G20 summit, China was a quiet participant.

Just as the eurozone is a microcosm of the global economy, the dysfunctional G20 is a macrocosm of the European Council.

As green activists moaned, the G20 summit in London risked neglecting climate at the expense of economics.

Although the leaders at the upcoming G20 summit are expected to discuss the issue, it should be up to China to decide.

At the last summit the leaders agreed that thereafter the G20 would be the premier forum for international economic coordination.

The position is reminiscent of his threat to walk away from the London summit in April unless the G20 agreed to a clampdown on tax havens.

How the G20 decides could determine whether multilateral co -operation can achieve a strong economic recovery .

As well as promising a "broader policy response" to the current crisis, the G20's leaders laid out a detailed plan for financial reform.

The Group of 20 leading economies adopted a set of indicative guidelines last weekend intended to help rebalance the global economy.

The G20 also committed to establishing new regulations on the financial system, though leaders did not go far enough.

China may be able to seize the moral high ground at the G20 but it is in no position to save the world.

PITTSBURGH, the host of the next G20 summit on September 24th, is known as the "city of bridges" .

That this is largely understood within the Group of 20 nations is to be welcomed.

In 2009 Indonesia joined the G20 club of major economies, giving it a higher profile.

The trip marks the beginning of a four-nation tour of Asia that will include the G20 summit in South Korea.

South Korea's first lady was a guest of honor at a G-20 formal style gala, a show of evening wear and a Creative Floral Performance.

The London summit is a second act, after an emergency G20 get-together in Washington, DC, during the last months of the Bush presidency.

White House press secretary Jack Karly assures the G20 partners that the president is making progress on these issues.

The G20 summit in London in April promised a tripling of its lending capacity.

One of Beijing's tasks at the G20 will be to persuade other governments that its actions are consistent with its rhetoric.

The currency spat between the US and China is expected to be a major issue at the G-20 summit in Seoul on Thursday.

Finance ministers from the G20 said the measures would continue until global recovery is assured.

The reform of the international monetary system will also be one of the important agenda items in the G20 Summit this year.

The April summit of the Group of 20 countries, in London, is his chance for achieving the latter.

As regards the G20, it would have been more efficient to kick Canada and Italy out of the G8 and invite China and India to replace them.

The move does not bode well for the wider G20 process aimed at creating a strong, sustainable and balanced global recovery.

Even at this early stage, before there has been a single G8 summit held since the G20 one sprung to life, three conclusions are clear.

In Pittsburgh , leaders made a fine pledge to make the G20 "the premier forum" for co- ordinating policy for the global economy .

His review anticipates a meeting of G20 leaders in London on April 2nd, which has financial regulation high on its agenda.

The G20 leading industrialised states will be grappling with those choices when it meets in London in April.

The G20 leading industrialised states will be grappling with those choices when it meets in London in April.

Agriculture ministers from the G20 nations are meeting in Paris, in an attempt to tackle volatile food prices.

Both chambers of the U. S. Congress have passed legislation that supports the core principles for financial reform proposed by the G20.

As Mr Sarkozy's luck would have it, in November France takes over the 12-monthly presidency of the G20, and in 2011 adds that of the G8.

'It is going to be presented as a consensus, not a victory and also a step forward in the G-20, ' a G-20 central banker said.

The uneasy stand-off between the main players was a repetition of February's meeting of G20 finance ministers and central bank governors.

But there is a more optimistic interpretation: it is beginning to assume a role of regional leadership and enjoys its seat on the G20.

We regard the G20 as an important organization and hope to see its smooth development.

Last month the G20 group of leading nations, in its first communique on agriculture, struck out a call to reduce biofuel use.

This should be one of the central themes of the next G20 meeting in Pittsburgh.

This should be one of the central themes of the next G20 meeting in Pittsburgh.

He went on to say the situation calls for careful co-ordination among the G20 countries.

WHEN G20 leaders met in Washington, DC, in November and then in London in April, fear and uncertainty reigned.

It looks as though that will be their position at the impending summit of the group of 20 leading economies.

AFTER the G20 met in London on April 2nd, Robert Zoellick, the World Bank's president, described the summit as "a promising beginning" .

He also backed China's appeal for more say in global finance bodies, which it will press at next month's G20 summit in London.

The G20 endorsed fiscal measures to stimulate demand in general, but failed to come up with a plan for coordinated action.

In a week, many of the European leaders will reassemble at the G20 summit in France.

If the authors have got it right, these debts will knock half a percentage point off the collective growth rate of the G20's rich members.

"We believe it would be inappropriate to discuss the renminbi exchange rate issue in the context of the G20 meeting, " he told reporters.

"We believe it would be inappropriate to discuss the renminbi exchange rate issue in the context of the G20 meeting, " he told reporters.

The fact that the G20 has called for rebalancing does not mean it is going to happen.

Yet the meeting of the heads of governments of the Group of 20 in Washington at the weekend looks as historic as the crisis it responds to.

The U. S will focus its attention on a summit of the leaders of the Group-of-20 industrialized and developing nations in Seoul in November.

We hope G20 member states could make joint efforts to make sure that the summit live up to people's expectation.

The G20 meeting in London is the first get-together of all the big industrial countries since Mr Obama came to office.

Public confidence is generally low, and the fine noises from the G20 summit in London have faded into history.

The overarching goal should be to ensure that the most vulnerable people and countries are no longer denied access to nutritious food.

He said one critical challenge facing the G20 economies is developing an exit strategy.

So, far from a celebration at Seoul, the G20 glasshouse finds stones raining in from all quarters.

FINANCE ministers representing the G20 group of rich countries will begin a two-day meeting in London on Friday September 4th.

The U. S. official said the IMF should continue to play an advisory role to the G-20.

Indeed, the G20 meeting in November ended with a strong, unified declaration of aims.

The city is also preparing for a G20 summit in November. But the word on everyone's lips is cabbage.

The issue may be pushed back to a G20 summit in Seoul in November, Mukherjee told AFP in an interview.

India and China have fought hard to try to prevent the G20 leaders from even taking up the issue of climate finance in their meetings today.

ONE of the few winners from the global financial crisis was the G20, a group of the world's biggest economies.

Greece is not a member of the G20, but Papandreou is in Cannes to explain his government's decision to the group's members.

Imposing tighter capital requirements, as the G20 countries have promised to do, should increase resilience in two ways.

Policymakers and regulators will be relieved that the divisive levy issue will no longer take up so much G20 airspace.

On June 19th, a week before world leaders from the G20 were due to gather in Toronto, China at last gave ground.

But an angry EU response and a summons to the Cannes G20 summit for a reprimand led Mr Papandreou to back down.

The real focus of Yokohama Summit was an extension of the hot spots, i. e. , currency liquidity and trade balance, on G20 Seoul Summit.

The G20 contains many countries that would be candidates for a reformed Security Council.

Some hope the Group of 20 summit of world leaders in London early next month will provide a new answer.

Maybe the leaders of the group of 20 will even be able to use their "mutual assessment process" to achieve just that.

So what is to be done? That must be a central agenda item of the next G20 summit.

The G20 meeting offers it a chance to show a change of heart.

They also said the G-20 should act to restart the World Trade Organization's stalled Doha round of trade talks.

But working out who pays is a harder question, which will be aired when the G20 heads of state meet in London next week.

The agenda of the forthcoming Group of 20 summit, with its heavy emphasis on re-regulation, makes such views wholly obsolete.

The Group of 20 leading economies is once more split by accusations of competitive currency devaluation.

The role of the G20 is to give cover for the needed discussions between the incumbent and prospective superpowers.

While China had been especially wary about the effort to set up a monitoring process, it welcomed the G20 accord.

Seoul hosts the next Group of 20 meeting in November, where a deal on the agreement would be unveiled.

Bank capital is an issue that has already had a push from the G20, which essentially said, "let's do it once economic recovery is assured" .

The American government, which plans to run a budget deficit of 12% of GDP this year, has called on its Group of 20 partners to do more.

He said China has four main expectations for the upcoming G20 summit.

It is therefore surprising that the G20 has paid so little attention so far to the necessary reforms of the financial system.

Mr. Medvedev noted Russia is the only member of the G20 that does not belong to the WTO.

The G20 needs to focus on tough but winnable battles and forget about trying to force the Germans and Chinese to buy more televisions.

To that end, last week's G20 meeting in Pittsburgh promised to put more taxpayer money into farm research and other help for agriculture.

For the next step, all members must accelerate the fulfillment of commitments and reinforce and enlarge the G20's role and influence.

The new push for tighter financial regulations was the main achievement of a weekend of G8 and G20 summits.

Next week, the administration is set to tackle some of these contentious issues at the G20 summit in Seoul.

That pledge was ratified by the IMF's 185 member nations the next day and by G-20 leaders in November.

The communique to which the G-20 agreed instructed the world's major economies to do better, though in veiled terms.

Participants across the forum in Davos voiced their scepticism of whether the G20 can secure the agreements wanted by France.

But the big question leading up to the G20 summit is, will there be genuine unity in addressing the world economic crisis?

Coming out of the previous four meetings, the G20 has encouraged programs that foster sustainable public finances.

Gordon Brown delivered his most pro-European speech to date as he sought to gain transatlantic consensus ahead of next week's G20 summit.

Since the G20 summit of 2008, the stakes have never been so high.

The Bank called on this week's G20 meeting to address the problem.

The meeting here, which ends Saturday, is to set the agenda for next month's G20 leaders' summit in Seoul.

Today France, with its G20 partners, has a unique opportunity to contribute decisively to this end, and I am confident it will do so.

France should take note. The G20 will remain worth having only if it sticks to the art of the possible.

But Europe's troubles have dominated meetings of G-20 finance ministers building up to the summit.

But when major G20 nations say they are willing to be embarrassed, they do not mean it.

Final agreements on World Bank and IMF representation might have wait until 2011, when the G-20 initially pledged reforms. Mr.

France will hold the next presidency of G20. China is looking forward to coordinating position and stepping up partnership with France.

This suggests that the G20 expects that the European parliament will pass their individual votes on the EFSF in the next few weeks.

Some lament that, as a result, the G20 is threatening to turn into a mini United Nations.

The President spoke in a joint news conference with British Prime Minister Gordon Brown ahead of the G20 Summit.

At a recent G20 meeting in Nanjing, French president Nicolas Sarkozy said it was time for the renminbi to become a reserve currency.

Darling spoke out after Gordon Brown said last night that people should not be "cynical" about what could be achieved at the G20.

The G20 summit in London is also being overshadowed by a US-European dispute about how to respond to the economic crisis.

The G20 is meant to be a supercharged version of the G8 - which is the group of seven richest nations with an extra place set for Russia.

Bankers and policymakers said they had heard few new contributions to the debate despite the fact the G20 summit was just two months away.

"I hope that at the G20 they will not just stick to words, but they will also take action, " he said.

Despite the failure of the G20 to agree on such a tax last week, America (and other countries) should press ahead.

Nor would there be the least excuse for more G20s to be needled into bastardizing their overbloated monetary systems.

In a hopeful sign, reforming the IMF figures prominently on the agenda of the meeting of G20 leaders in April.

The G20 protests attract a wide range of activists, with a variety of causes from war to the environment.

The problem with the G20 process is not that the global recovery has disappointed so far.

The G20 has set a deadline of the end of 2012 for new standards to be adopted, with exact figures to be decided by the end of next year.

The region is now particularly vulnerable to falling remittances from migrant workers in the Gulf countries, the G20 background paper says.

Q: President Barroso of the European Commission said that the G20 was exerting too much influence on the world economy. What do you think?

Negotiations by the G20 group of countries are an attempt to address this co-ordination failure.

To what extent that point will be recognised in debates over the global economy at this week's G20 meeting in Seoul is another matter.

The meeting Friday and Saturday will prepare for a G20 summit in Toronto on June 26-27 of the top developed and developing nations.

Now China is part of G20. We are in the meeting and are expected to do part of the discussion of solving many global issues.

But there were concerns around the G20 that the rush to reduce budget deficits would undermine recovery in the near term.

Also be aware that G20 meetings in Paris, France begin later in the London session and will conclude in two days.

The Fund should still manage its balance of payments emergency facility but under the general supervision of the G20.

One concrete step would be for the G20 to help farmers benefit from tenders from humanitarian purchasers such as the WFP.

West vs the rest: The very existence of the G20 acknowledges that the global balance of power has changed.

Currency manipulation, trade gaps and protectionism are the major topics the group is expected to discuss.

Something has to happen there, western politicians insist, that will save the west, and particularly Europe, from its current deadlock.

We hope to see the G20 mechanism playing a more important role in global economic governance based on constant improvement.

The G-20's heightened stature has diminished the G-7, whose finance ministers meet several times a year.

Welcome to Seoul where leaders from the G20 major economies are trying to find a way to reinforce a patchy global economic recovery.

The question is whether the members of the G20 will deliver on their promises now that the worst of the crisis has passed.

SYMBOLISM or substance? The G20 meeting in Pittsburgh secured the place of emerging markets at the top table of global economic policy.

The issue of China's currency management is expected to be a leading topic at this week's meeting of G-20 leaders in Cannes, France.

The FSB and its members are developing measures in all the above areas and will present recommendations to the November G20 summit in Seoul.

In recognition of this, South Korea plans to follow the guidelines agreed by Group of 20 officials at their Pittsburgh summit in September.

It has held its first heads of government meeting in a non-western country, South Korea.

Gordon Brown's suit was callously repelled at the Pittsburgh G20 summit, when the object of his desire refused a private meeting.

They welcomed the G20 plan as a major advance and "a significant response to today's crisis. "

The G20 summit in Pittsburgh last week looked like a model of efficiency and co-operation after the circus of the UN General Assembly.