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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: emerging economies

emerging economies stories: 3 news summaries

Group of 8 Cedes Role in Economy to Group of 20

Move to broaden council adds input from likes of China, India

Sep 24, 09 9:34 PM CDT
(AP) - An administration official says the Group of 20 nations will become a permanent council on global economic cooperation—broadening the number of countries involved in the role currently filled by the Group of Eight major industrial nations. The G-8 would continue to meet on matters of common importance such as... More »

MORE ABOUT:
Group of Eight • industrialized nations • President Obama • emerging economies • G-20 • Group of 20 • economic cooperation

 Chile's Thrift Pays Off as Downturn Bites Elsewhere

Finance minister hailed for dodging commodity bubble

May 27, 09 8:59 AM CDT
(Newser) - Chile's thrifty finance minister is starting to look like a prophet as spendthrift, "grasshopper" economies founder around him, the Wall Street Journal reports. Andres Velasco's tight grip on the country's copper revenue during the commodities boom made him and his party deeply unpopular at the time, but the country... More »

MORE ABOUT:
Latin America • Chile • copper • commodity prices • economic crisis • emerging economies

 G-20 Vows to Spur Lending 


Mar 14, 09 1:53 PM CDT
(Newser) - The world's top financial officials promised a three-tiered approach to battling the global economic slowdown today, the Wall Street Journal reports. At the G-20 summit in England, finance ministers vowed to inject money into the IMF and other institutions to lend to struggling countries, while tackling banks' toxic assets... More »

MORE ABOUT:
International Monetary Fund • recession • credit crisis • G20 • emergency lending • economic downturn • emerging economies

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