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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
Discord on Economies In a World Of Trouble

Presidents and prime ministers from major countries around the world will gather in Washington in two weeks to begin heated negotiations over the shape of global financial regulation as they scramble to avoid a deep worldwide recession and restore confidence in markets.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-01-2008
Around the World, the Signs Of Slowdown Spiral Outward

Pessimism about the global economy deepened yesterday as fresh evidence of a worldwide slowdown showed up in feeble corporate profit reports from Asia, sinking commodities prices, and a scramble by emerging economies to prop up their sagging currencies and avert credit defaults.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-24-2008
Bush Reserved as E.U. Leaders Assert Power in Crisis

In France, President Nicolas Sarkozy has loudly proclaimed the need to increase regulation and oversight of financial markets, vowing on Thursday to "refound the global financial system" as part of "an intellectual and moral revolution."

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-24-2008
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
Global Markets Fall Despite Reassurances

BERLIN, Oct. 10 -- Fear seized investors around the world Friday as stock markets dropped to levels not broached for several years. National leaders tried to intervene with reassurances and stopgap measures, to no avail.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-10-2008
Global Bankers Anxiously Watch U.S.

BERLIN, Sept. 30 -- Central bankers and elected leaders around the world acknowledged Tuesday that they lacked a comprehensive strategy to protect their countries from the global financial crisis and were as dependent as ever on Washington to come up with a solution.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 09-30-2008
Governments Worldwide Move to Stanch Panic

Governments around the world moved in extraordinary unison yesterday to contain the spreading panic over the crisis in the United States, injecting up to $180 billion into the global financial system and moving quickly to shore up their own damaged lenders and markets.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 09-18-2008

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