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G20 Says No Threat Of Recession Yet

G20 Says No Threat Of Recession Yet

Finance Ministers and Central Bankers from members states within the Group of 20 said Saturday they saw no imminent threat of a recession as the European debt crisis unfolds.

Senh: In cases like this, it's better to overreact. They might not be in a recession currently, but they sound like they could easily "slide" into one. In the U.S., the bailouts to the financial industry did stabilized the sector, so maybe they should do the same.

 

China Chastises Japan, US on Territory Disputes Ahead of G-20

China Chastises Japan, US on Territory Disputes Ahead of G-20

China lashed out at Japan and the US for their stance on territorial disputes in waters off its coast as Asian leaders gathered in Hanoi, hindering talks on currency and trade policies before a Group of 20 ...

 

South Korea: North Korea opens fire at border

South Korea: North Korea opens fire at border

North Korea fired two rounds toward South Korea at their tense border Friday and South Korean troops immediately fired back, highlighting the security problems faced by Seoul as it prepares to host Barack Obama and other world leaders at the Group of 20 economic summit next month.

 

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