BOE Seeks Derivatives Pact to Prevent a Repeat of Lehman Cascade

The Bank of England is seeking a global pact among banks to suspend default clauses in some derivatives contracts during a crisis, in a bid to ward off bank death spirals that cascade through the financial system.

Yellen Wins G-20 Praise as Emerging Markets’ Angst Eased

The world’s major economies pledged to maintain generally accommodative policies and pay heed to the international repercussions of their actions as Federal Reserve Chair Janet Yellen won praise for helping smooth emerging-market concerns.

Aso Says Pace of Yen Depreciation Too Fast as G-20 Set to Meet

Japanese Finance Minister Taro Aso said the pace of the yen’s weakening has been too fast, speaking a week before a meeting of global finance chiefs where Japan’s currency stance is forecast to be an issue.

G20 aides say central banks' fix not enough - Mexico

MEXICO CITY (Reuters) - Group of 20 nations want governments to do more to augment central bank actions to reverse a global economic downturn, officials said on Monday.

Emerging-Market Stocks Slide as G-20 Rebuffs Europe Aid

Emerging-market stocks fell from near a seven-month high as the Group of 20 nations declined to boost international resources to aid the euro area, increasing concern that Europe’s crisis will slow the global economy.

Germany’s Crisis Role in Focus After G-20 Rebuffs Call for Help

Feb. 27 (Bloomberg) -- Germany was left to dig deeper to combat the euro-area debt crisis after the Group of 20 nations told Europe to come up with more financial firepower before they consider lending outside support.

Calderon Urges G-20 to Do More to Defuse European ‘Time Bomb’

Jan. 27 (Bloomberg) -- Mexican President Felipe Calderon urged the Group of 20 nations to gather more funds to prevent the European debt crisis from destroying the euro and undermining stability elsewhere in the world.