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Global Deals in Works On Eve of G-20 Summit

Nations are close to adopting a series of measures aimed at combating a global recession and laying the groundwork for a broad reconstruction of the international financial system, as world leaders arrive in Washington for a major economic summit this weekend.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-13-2008
Many Seats, Agendas At Global Roundtable

World leaders will meet in Washington this weekend for a summit on the global financial crisis, the largest gathering of presidents and prime ministers here since NATO's 50th anniversary celebration in 1999. But overshadowing the emergency conference is a leadership vacuum that is fundamentally....

Posted to washingtonpost.com (Weblog) by Anonymous on 11-12-2008
Terrorism Financing Blacklists At Risk

BRUSSELS -- The global blacklisting system for financiers of al-Qaeda and other terrorist groups is at risk of collapse, undermined by legal challenges and waning political support in many countries, according to counterterrorism officials in Europe and the United States.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-01-2008
Arduous Transition Awaits Next President

If Sen. Barack Obama wakes up as the president-elect on Nov. 5, he will immediately assume responsibility for fixing a shredded economy while the Bush administration is still in office. If Sen. John McCain wins the election, he will face an imminent confrontation over spending with a Democratic...

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-18-2008
Sarkozy Calls for Revamping of Capitalist System

BRUSSELS, Oct. 16 -- European leaders on Thursday urged that a pending international summit carry out an urgent overhaul of the world's financial architecture and impose new controls on freewheeling bankers and traders. U.S. officials pledged that all good ideas would get an airing but hinted of...

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-16-2008
G-8 Nations Plan Summit On Global Financial Rules

BRUSSELS, Oct. 15 -- The Group of Eight major industrialized nations announced Wednesday that they will convene a summit to plan changes in the regulation and structure of the world financial industry in hopes of heading off future economic turmoil.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-15-2008
What Went Wrong

A decade ago, long before the financial calamity now sweeping the world, the federal government's economic brain trust heard a clarion warning and declared in unison: You're wrong.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-14-2008
Brown's Experience Gives Him the Edge

LONDON, Oct. 13 -- Prime Minister Gordon Brown, given up in Britain as political flotsam just weeks ago, has emerged from the global financial crisis as a leader whose ideas are influencing policy from Europe to Washington.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-13-2008
World Leaders Offer Unity But No Steps To Ease Crisis

Officials from 20 major countries yesterday endorsed a coordinated approach to the financial crisis, but they failed to announce any concrete steps, underscoring the difficulty of crafting a global plan to halt the contagion as it spread to the broader economy.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-11-2008
World Leaders Vow Concerted Action

U.S. stock markets gyrated wildly yesterday as the world's top finance ministers met in Washington to hammer out a joint set of principles aimed at containing the financial crisis and restoring badly damaged confidence.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-10-2008

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