In a speech at SAIS Johns Hopkins, Managing Director Christine Lagarde outlined in a frank discussion of the current status of the developed and emerging economies. Baring in mind that we have just come through the worst financial crisis in a century. Global growth exceeded 3 percent for 2013, with moderately better growth expected for […]
G20 News is reporting progress at the March Sherpa meetings at the G20. During the second day of sherpa meetings in Australia leading up to the November Brisbane Summit and the June meetings, the building of an Action Plan agenda for November is under way. Policies from the February Communique include, 2% growth targets, anti […]
The fact finding mission from the International Monetary Fund returned and delivered a clear signal that Mozambique is doing well. Foreign Direct Investment into Mozambique, according to the UNCTAD report in January 2014, “experienced record inflows of more than US$7 billion”. This goes along with its strong 7% GDP growth. Now estimated to exceed 8% in […]
The Australian Bureau of Statistics released positive numbers and beat expectations of 15K for February jobs. Jobs came in at up 47,300 and the unemployment rate increased 0.1% to 6.0%. The seasonally adjusted labor participation rate moved up 0.2% to a healthy 64.8%. The Reserve Bank of Australia showed that Australia has a growing population […]
CeBIT 2014 is under way in Hanover Germany. I am expecting a plethora of wearable technology. Your usual flashy demo flat screens, the comfy sofas, free handouts and the smaller side table exhibitors showing their new gadgets are all part of the gigantic show called CeBIT. Finally there is a CeBIT that allows the crowds […]
Premier Li Keqiang and Finance Mininster Lou Jiwei have reiterated their belief in the growth expectations for 2014 of 7.5%. 7.5% was the expectiation of many economists for the Chinese export data released over the weekend on March 8th. The actual number is down -18.1%. That is a 25.6% reversal from expectations. These numbers were […]
In the past 6 business days, the Reserve Bank of India (RBI) has launched 3 new programs, a study on the corporate bond market in India, published a major working paper on fiscal policy capable of handling variations in business cycles and all of its regular duties of auctioning bills. The programs launched are integral to […]
Premier Li Keqiang, at the opening of parliament, announced in his speech that China will target 7.5% in growth. China has averaged a very impressive 9.8% over the past 35 years. In Premier Li’s statement, he says, “We are at a critical juncture where our path upward is particularly steep. At the same time it […]
The US Department of Commerce revised lower the final quarter of 2013 to 2.4% from 3.2%, siting a decline in real residential fixed investment from 8.7 percent compared to a 10.3 percent in the third quarter, a greater than expected decrease in federal spending of 12.8%, a lowering in National Defense spending of 14.4% and state […]
G20 News will: Expand into Tech with covering Technology shows, Venture Capital, small and large startups, kickstarter, wearable tech and future tech. Create pages for Asian Fashion Work with Widget vendors to bring Market coverage to a broad range of indices and indicators Create Highlights and Headlines page with an email subscription option Look to […]