Italy Prime Minister Mario Monti ROME: Italian officials on Sunday readied for early elections after Prime Minister Mario Monti said he would soon resign and his predecessor Silvio Berlusconi announced he would run for the top job for the sixth time in two decades. Monti on Saturday said he would step ... Read More
TOKYO: Tokyo on Friday approved $10.7 billion in fresh spending to help boost Japan's limp economy, just weeks before an election the ruling party is expected to lose. The 880 billion yen ($10.7 billion) in spending was more than double a package announced in October as the country gets set for ... Read More
BRUSSELS: An EU budget summit seemed set for trouble before it began on Thursday as leaders were to start two days of talks to agree a trillion-euro budget that has bitterly divided a 27-nation union already mired in crisis. European Union officials were scrambling to find an all but impossible compromise ... Read More
Posted By admin1 On November 5th 2012. Under BUSINESS & ECONOMY, WORLD Tags: economy, Finance ministers and central bank governors from the Group of 20 top economies, G20, G20 finance chiefs meet with eurozone crisis in spotlight, US President Barack Obama and Republican Mitt Romney, US Treasury Secretary Timothy Geithner and European Central Bank Mario Draghi .
File photo of G20 Finance Ministers and Bank Governors meeting (AP Photo/Stephen Jaffe, IMF) MEXICO CITY: G20 finance chiefs held talks on Sunday to tackle Europe's relentless debt saga amid new concerns about Greece, while the United States faced questions about its own fiscal dilemma. Finance ministers and central bank governors ... Read More