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The world's major nations have put together a new monitoring process that they hope will halt the types of destabilizing economic imbalances that contributed to the worst global downturn since World War II....
Progress has been made toward stabilizing the global financial system but G20 countries must recommit to deliver on reforms that led to the crisis, G20 steering group leaders said in a letter on Tuesday.
Police in London braced for new protests a day after several thousand demonstrators jammed the streets of London’s financial district in a brief but brutal spasm of violence.
German Chancellor Angela Merkel and French President Nicolas Sarkozy called for tighter rules on financial markets, widening a rift among leaders after President Barack Obama urged unity to counter ...
Thousands of protesters crowded together outside the Bank of England in London today, a day before President Obama and other leaders gathered for the G-20 summit to discuss the world's economic crisis. Some protesters lunged toward the police line.
Leading and emerging nations will commit this week to pursuing responsible economic policies that do not hurt each other's prospects with protectionism or currency devaluations, according to a draft G20 statement.