Breaking G20 News: G20 concurs to raise growth target by an additional 2% over 5 years
The G20 agreed to “lift our collective GDP by more than 2 per cent above the trajectory implied by current policies over the coming 5 years”. This target appeared to be in line with expectations from the IMF communique addressed to the G20 meeting in Sydney. The IMF report suggested that growth could be “projected to increase […]
Breaking G20 News: G20 reach consensus on Growth in a 2 page, 11 point Communique
The Group of 20 developed and emerging countries reached agreement on a 2% growth goal over the next 5 years. The most interesting item was point 10 on the official communication from the G20. – By Julien David More news soon. . .
G20 Ministers and Governors Expectations – US and Emerging Markets
The US appears to be continuing the Bernanke paradigm of targeting the unemployment rate of 6.5% and keeping track of an inflation rate target of 2% and the Fed will respond to general conditions as the Federal Reserve sees it. As the IMF has noted the developed countries have recovered well in 2013, thus the […]
G20 Summit 2014 Expectations – Overall
Expectations for the upcoming summit in Sydney are a combination of wishes for emerging markets to get their countries in order and wishes for the US to deal with ramifications of further easing of its almost trillion dollar stimulus. Smaller side talks between countries are being highlighted as possible bright spots for the February 22nd […]
G20 Ministers and Governors Expectations – India
Times of India is reporting on the desire for the Australian government to rekindle ties with one of the largest markets in the world, India. Past talks regarding uranium being supplied to India hit snags when party officials in Australia felt uneasy about supplying material to a country who is a non-signatory to the non-proliferation […]