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2009-09-25 17:18:22

Group of 20 leaders in Pittsburgh have agreed in principal to economic changes critics said had little enforcement behind them. The United States found support for its economic Framework for Strong, Sustainable and Balanced Growth and for moving Europe to give developing nations more clout at the International Monetary Fund. U.S. leaders also found agreement for countries to phase out oil subsidies, but the agreement had no deadline and limited effect, critics said. The directive says oil...

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2009-09-24 05:55:00

The global financial crisis and how to deal with it in the future is the overriding discussion topic as the Group of 20 economic summit begins in Pittsburgh. Leaders representing 85 percent of the world's economic output traveled to Pittsburgh Thursday for the two-day summit. The White House is showcasing the host city, which U.S. President Barack Obama says exhibited a 21st century rise from the ashes after a well-documented plunge following the closing of much of the city's steel industry,...

2009-09-23 00:14:46

The Group of 20 summit in Pittsburgh this week has the potential to be one of the more extraordinary sessions since the group was formed in 1999. Already unusual, as the second G20 meeting in the same calendar year, the session features an overflowing agenda amid the sharpest economic downturn since the Great Depression begins to stage a turnaround. In April in London, G20 leaders meet to discuss staying the course on stimulus spending to prop up a weakened global economy that was -- although...

2009-09-22 04:00:00

-- World Vision calls on U.S. Congress, G20 leaders to push forward commitments to end hunger -- Climate change also affecting food security; global leaders must provide adequate funding to help poor communities adapt PITTSBURGH, Sept. 22 /PRNewswire-USNewswire/ -- As world leaders gather at the United Nations and G20 meetings this week, the future of the $20 billion food security initiative first proposed at July's G8 summit remains uncertain, say aid policy experts at Christian...

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2009-09-21 10:45:00

Australian Prime Minister Kevin Rudd said Group of 20 nations should set a path for economic growth that balances developed and emerging economies. The G20 nations should seek a new, sustainable growth model for the future, that helps correct massive financial imbalances, between export-based, manufacturing nations, like China, and import-based, consumer-oriented economies like the United States, Rudd said. Otherwise we may be looking at the prospect of flat global growth for a while to come,...

2009-09-17 13:44:00

LOS ANGELES, Sept. 17 /PRNewswire/ -- Responding to the need for assistance for the victims of the Southern California Station wildfire, Capital Gold Group, Inc. has made a corporate donation to support the much needed efforts of the Red Cross. The Station wildfire, one of the largest in Southern California history, is now 93 percent contained. With over 250 square miles burned and 78 homes destroyed, hundreds of people were evacuated from their homes. The Red Cross provided shelter,...

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2009-09-14 11:05:00

The secretary-general of the Elysee said French President Sarkozy could walk out on next week's Group of 20 meeting if leaders fail to act on bank bonuses. In a radio interview, Secretary-General Claude Gueant -- Nicolas Sarkozy's chief of staff -- said a threat to walk out of the Sept. 24-25 G20 meeting in Pittsburgh should be taken very seriously, The Times of London reported Monday. The head of state is extremely determined as he was at the G20 in London a few months ago when he pushed for...

2009-09-10 10:56:00

NEW YORK, Sept. 10 /PRNewswire/ -- UNCA invites the worldwide media to submit entries for its Fourteenth Annual UNCA 2009 Awards for the best written and electronic media coverage of the United Nations, its agencies and field operations. The prizes amount to over US $40,000 with US $10,000 each for the main categories. There are no entry fees of any kind for submissions. The awards are open to all journalists anywhere in the world for work in print, Internet, radio or TV between 01...

2009-09-05 14:56:49

Finance ministers from the Group of 20, meeting in London, failed to agree Saturday on compensating bankers to reward them for long-term performance. The group, after discussing regulation of financial bonuses, decided to ask the Financial Stability Board to draw up a plan for presentation to the G20 summit this month in Pittsburgh, The New York Times reported. The German and French ministers argued for restrictions on bonuses based on short-term gains. But U.S. Treasury Secretary Timothy...

2009-09-01 08:00:00

New Red Cross Research Shows Only 12% of Americans Are Really Ready for an Emergency WASHINGTON, Sept. 1 /PRNewswire-USNewswire/ -- A new survey shows that while about half of Americans have experienced a significant emergency, many people still are not ready for the unexpected because they do not know what to do. To help people take needed preparedness steps, the American Red Cross is launching a new Do More Than Cross Your Fingers public awareness campaign. (Logo:...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.