WILL G-20 COUNTER POWER OF UNCERTAINTY?

In 2009, G-20 leaders met in Pittsburgh and emerged with a mandate ‘to be the premier forum for international economic cooperation,' endowing the G-20 with a leading economic role on the global stage. It appeared at the time that the leaders of the G-20 had successfully defeated pessimism. However, the rising tide of global economic turmoil and problems ranging from sovereign indebtedness to consumption and saving imbalances have created a ‘perfect storm' that is far from abating. The question before the G-20 summit in Cannes this year is whether to just distribute life jackets or endeavor to overcome political differences and set forth a concrete, viable roadmap that genuinely addresses the range of outstanding global economic security risks. Such a roadmap could go a long way towards countering the uncertainty that has gripped the global economy.

What Is ‘Middle-Class Economics’?

An awkward truth for politicians looking to help the middle class is that there’s much less the government can do for them than for the poor.

China’s Factory Gauge Rebounds in February After Stimulus

(Bloomberg) -- A Chinese manufacturing gauge rebounded in February, suggesting stimulus efforts and the U.S. recovery are supporting factories in the world’s second-largest economy.

Janet Yellen says Federal Reserve flexible on rate rise

Janet Yellen has said the Federal Reserve can be flexible in deciding when to raise interest rates, which have been near zero since 2008.

Europe gives Greece another four months

The deal struck Friday by finance officials in Brussels should keep Greece afloat and safely in the euro while it works out a long term plan for economic recovery.

Britain records biggest budget surplus in seven years in January

Britain posted its biggest budget surplus since before the financial crisis in January, as stronger tax receipts put Chancellor George Osborne firmly back on track to meet the Government's borrowing target this year.

Greek finance minister enters euro zone lion's den

(Reuters) - Greek Finance Minister Yanis Varoufakis began tense talks with euro zone finance ministers on Wednesday after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bailout.

G20 plan for investment targets runs into stiff opposition

ISTANBUL (Reuters) - Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which appears increasingly reliant on the United States for growth.

Alternative Energy And Global Energy Security In Aftermath Of Rio+20

“Life always gets harder toward the summit–the cold increases, the responsibility increases.” These words by Friedrich Nietzsche aptly characterize the atmosphere among global leaders at June’s international summits.

Ahead of G20 meeting, Canada raises concerns about global economy

OTTAWA (Reuters) - As the Group of 20 leading economies head into ministerial talks in Turkey next week, Canada highlighted the uncertainty of the global economy and concerns over the ability of the United States to sustain global growth.