Emerging-market nations including China and Brazil formalized funding pledges to the International Monetary Fund, helping to almost double its lending power to protect the world economy from Europe’s debt turmoil.
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Showing posts with label Group of 20 summit. Show all posts
Showing posts with label Group of 20 summit. Show all posts
Wednesday, June 20, 2012
Tuesday, June 19, 2012
Europe’s Mistakes a Lesson for Latin America, Chile Says
Latin America must avoid the costly welfare policies plunging Europe into crisis and should adhere to a market-friendly course to preserve gains made over the past decade’s economic boom, Chilean President Sebastian Pinera said.
Saturday, June 16, 2012
Brazil raises G20 stakes on IMF funding pledge
(Reuters) - Brazil raised the stakes ahead of next week's Group of 20 summit on Tuesday by saying it may cap its contribution to a planned funding increase for the International Monetary Fund unless there are firm promises to give emerging markets more say at the international table.
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