G20 vows to breathe new life into world economy

G20 nations including the United States and China said on Sunday they can overcome geo-political tensions and financial risks to achieve extra combined growth of 1.8 percent, adding trillions of dollars to the world economy.

G20 gives U.S. a slap for the shutdown

The world’s top economic powers urged the U.S. to break its stalemate over the nation’s debt ceiling and budget, calling the standoff one of the world’s chief immediate economic risks.

BIS blames Europe's creditors for eternal euro crisis

Europe's creditor powers bear as much blame as debtors for the eurozone's eternal crisis and are blocking recovery by failing to play a full part in righting the ship, according to the Bank for International Settlements.

George Osborne boosts funding for lending scheme before IMF visit

George Osborne will announce an expansion of the Bank of England's £80bn funding for lending scheme (FLS) ahead of a visit to Britain by the International Monetary Fund next month, as he seeks to head off calls for a softening of government austerity plans.

Australia’s Swan Says G-20 Sees Global Recovery as ‘Fragile’

Australian Treasurer Wayne Swan said most of his Group of 20 counterparts see the global recovery as “fragile” and urged Europe to press on with closer financial integration and the U.S. to cut its budget deficit.

G20 doubles IMF's war chest amid fears on Europe

(Reuters) - Leading world economies on Friday pledged $430 billion in new funding for the International Monetary Fund, more than doubling its lending power in a bid to protect the global economy from the euro-zone debt crisis.

G20 finance chiefs to discuss Europe's 'comprehensive plan'

NEW YORK (CNNMoney) -- Finance ministers from the world's leading economies will focus on ways to strengthen the faltering global recovery at a meeting later this week, according to a senior U.S. Treasury official.

Lael Brainard, under secretary for foreign affairs at Treasury, said the debt crisis in Europe "represents the most serious risk to the global recovery today."

G20 agrees to take actions to reduce downside risks

Downside risks remain in the global economy, even as the recovery is broadening and becoming more self-sustained with increasingly robust private demand growth, the G-20 countries have said.

After the meeting of finance ministers and Central Bank Governors, the group comprising most influential economies in the world, issued a joint communique which they agreed to remain vigilant and take necessary actions to reduce risks to the global recovery.

IMF: Told G-20 To Cooperate On Rebalancing Growth, Sustaining Recovery

The International Monetary Fund urged Group of 20 finance ministers and central bankers last week to work together on rebalancing the global economy, with emerging economies increasingly outpacing the rebound in wealthier nations.

In a staff note to G-20 officials meeting in Paris, the IMF said the uneven pace of the global recovery suggests that prospects for more balanced, sustainable economic growth are limited. While the risks to advanced nations remain on the downside, fast-growing emerging economies are facing a growing threat of overheating as political turmoil in the Middle East pushes up the price of oil and other commodities.