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Sat, July 2, 2022 | 03:03

France sets ambitious goals for 2011 summit

France, the next host of the G20 summit in 2011, is gearing up to tackle tasks that no other host nation has ever attempted to undertake in the framework of the previous G8 and G20 summits ― reform of the international monetary system and the United Nations.

2010-11-12 18:32

First ladies to taste royal court cuisine

While the G20 leaders won’t be able to show off their chopstick skills during the intensive business meals, their spouses will have a chance to do so when they taste Korean court cuisine in Seoul, Friday.

2010-11-12 00:07

Rethinking global rebalancing

Persistent global imbalances are a manifestation of all that is wrong with an increasingly interdependent world economy. They are an outgrowth of the excesses that gave rise to the Great Crisis and Recession of 2008-09. They are hobbling a post-crisis healing. And they have sparked the early skirmishes of a “currency war,” which could push the world down the very slippery ...

2010-11-11 22:22

Further weakening of reserve currency

The previously existing world power structure is all but over. The world resulting from the Pax Americana of 1944 and expressed in the G7 group of countries now has to confront the fact that it no longer controls most of the world’s GDP and that by 2016 it will be in a minority position in terms of total GDP.

2010-11-11 21:37

Fairness, balance, and common good

Ahead of today’s G20 summit in South Korea, two issues stand out for those of us who take an interest in international development.

2010-11-11 21:34

Development agenda to enhance G20’s legitimacy

It is historic that Korea, the first non-Western and non-G8 country, chairs the fifth G20 leaders meeting in Seoul this week. Once among the poorest economies, Korea now takes center stage at one of the world’s premier forums and can contribute to the inception of a post-crisis global architecture through the development agenda. The formal inclusion of a Korea initiative on d...

2010-11-11 21:31

G20 summit tests Lees global leadership

President Lee Myung-bak once said he feels a sense of “historic” responsibility to help the world find the most effective solutions to overcome the current economic challenges at the G20 Seoul Summit.

2010-11-11 21:26

Korea set to usher new perspectives to G20

Development issues and the establishment of a global financial safety net, known as the “Korea Initiative,” will appear for the first time as main agenda items for the premium forum for global economic cooperation.

2010-11-11 19:13

Some hiccups occur in G20 Business Summit

As the world’s most powerful leaders and influential businessmen gather in Seoul, it seems that government organizers went into overdrive with its security preparations.

2010-11-11 17:54

G20 to divide banks into 5-6 baskets for supervision

The G20 will categorize the world’s banks into four to six “baskets” to put them under different levels of capital and liquidity regulations, Korea’s chief financial regulator said Thursday.

2010-11-11 17:43

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