G-20 leaders agree to tackle multiple problems
来源:百度文库 编辑:神马文学网 时间:2024/04/29 20:31:25
G-20 leaders agree to tackle multiple problems
15:54, November 12, 2010
Email | Print | Subscribe | Comments | Forum
Increases the bookmark twitter facebook digg Google Windowslive Delicious buzz friendfeed Linkedin diigo reddit stumbleupon G20 leaders drew a veil over weeks of bickering about their economic policies Friday and agreed to tackle global "tensions and vulnerabilities" that have raised the spectre of a currency war and trade protectionism, The Reuters reported.The developed and emerging nations agreed at a summit in Seoul to set vague "indicative guidelines" measuring imbalances between their multi-speed economies but, calling a timeout to let tempers cool, left the details to be discussed in the first half of next year.
In a communique signed off at the end of the gathering, the group's fifth since the financial crisis exploded in 2008, the leaders vowed to move towards market-determined exchange rates and shun competitive devaluations.
They also agreed that there was a critical, but narrow, window of opportunity to conclude the long-elusive Doha round of trade liberalization launched in 2001.
"Risks remain," the communique said. "Some of us are experiencing strong growth, while others face high levels of unemployment and sluggish recovery. Uneven growth and widening imbalances are fuelling the temptation to diverge from global solutions into uncoordinated actions."
The G20's accord sought to recapture the unity that was forged in crisis two years ago.
The G20 has since fragmented as a synchronized global recession gives way to a multi-speed recovery. Slow-growing advanced economies have kept interest rates at record lows to try to kick-start growth, while big emerging markets have come roaring back so fast that many are worried about overheating.
The leaders did not venture much beyond what was already agreed by their finance ministers last month. They were unable to reach a consensus on how to identify when global imbalances pose a threat to economic stability, merely committing themselves to a discussion of a range of indicators in first half of 2011.
Negotiators has labored until the wee hours of the morning to thrash out an agreement their leaders could all endorse, despite deep divisions that were on public display in the days before the meeting.
Tempers had flared over the U.S. Federal Reserve's latest bond-buying program aimed at strengthening a shaky recovery, and Ireland's worsening debt troubles served as a reminder that the financial system is far from fully healed.
Agencies
G-20 leaders agree to tackle multiple problems
Tim O'Reilly: Tackle Big, Hard Problems With...
MULTIPLE CALL TO SEGMENT <转>
NATO seeks to tackle identity crisis
Two Kyrgyz parties agree to form coalition
China, Chile agree to expand trade
Turkey wants to prosecute military coup leaders
Leaders' salute to heroes wins netizens' applause
Obama sets up panel to tackle U.S. debt \\
China, Pakistan agree to cement strategic cooperative partnership
China, Pakistan agree to cement strategic cooperative partnership pp
Top Chinese legislator, Swiss president agree to expand bilateral cooperation
Chinese, Kazakh PMs agree to enhance bilateral cooperation
Premier: China to continue to work with other countries to tackle climate change
China and EU to Tackle Trade Issues | Europe | Deutsche Welle | 08.11.2005
Chinese premier calls for cooperation with Japan to seize opportunities, tackle challenges
Iraqi blocs agree Maliki to be prime minister in new government: his aide
U.S., S.Korea agree to hold joint military exercises soon
What is the best way to connect multiple Stellaris Cortex-M3 microcontrollers with EPI to each other
Multiple Intelligences
Multiple Intelligences
BIND problems CANT STOP
Multiple Boot Installation Guide
Should Communist leaders worship Idol ?