World Bank, East Asian and South American Economies
The World Bank group estimates that 670 million have been lifted out of extreme poverty between 1999 and 2010. According to estimates by 2015, in excess of 1 Billion people will have improved their living standards beyond the lowest levels. With respect to overall poor in country populations, Latin America has fewer poor than does […]
End Poverty
The World Bank Group is piloting a project to eradicate extreme poverty by 2030. Jim Yong Kim is enlisting the help of millenials and across the board support from business, industry, hollywood and the media to focus on ending poverty in sixteen years. The bold plan was debuted at the ultra modern, sweeping and high […]
OECD says that Europe emerged from recession in Q2 2013
The OECD, Organization for Economic Co-operation and Development announced findings showing that the European Community emerged out of recession during the second quarter of 2013. Bond yields due in Ten years have fallen to levels at the start of the economic crisis. Yields in Spain and Greece are at or near crisis lows. Sovereign Debt […]
Europe applying pressure to G20 President Abbott on Climate Change
Europe is applying pressure on the G20’s President Tony Abbott to include Climate Change in the sherpa meetings and the upcoming November 2014 meeting agenda. Many scientists, business engineers and corporate researchers agree that Mr. Abbott’s “Direct Action” will not have desired impacts on climate change and does not address any of the key issues […]
IMF, Cruising altitude for the economy is the goal
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 […]
China and United States relations to strengthen
China’s President Xi Jinping and US President Barack Obama said they agreed to deepen their commitments to bi-lateral cooperation economically and on other substantive issues. The world’s number one economy and the globes second largest economy met at The Hague in the Netherlands. China is very close to overtaking the US in GDP in PPP(purchasing […]
G20 News to report from the UN
G20 News is proud to announce that its new home will be at the august building of the UN, United Nations Security Council building. G20 News will be in full working mode starting Wednesday March 19th. The United Nations represents what is best in all of us. The UN epitomizes international relationships, delegates, staff, the […]
Confidence in 7.5% Growth, Chinese Exports down 18.1%
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 […]
IMF ready to send team and support Ukraine
Christine Lagarde, managing director of the IMF, offered her concerns for Ukraine. As soon as they can, the International Monetary Fund will send a team to Kiev. The quote: “The Ukrainian authorities informed me today of their request for support from the IMF. We are ready to respond and, in the coming days, will send […]