PARIS: Gross domestic product growth in the Group of 20 economic powers slowed in the final three months of 2012 to 0.7 percent from 0.9 percent in the previous quarter, the Organisation for Economic Cooperation and Development said on Wednesday.
The Group of Twenty Finance Ministers and Central Bank Governors (G-20, G20, Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.
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3/15/2012
3/14/2012
Biggest G-20 Current-Account Deficit Stalls Rally in Bonds: Turkey Credit
The biggest bond rally in emerging markets may be derailed by Turkey’s current-account deficit, the largest among the Group of 20 countries.
3/13/2012
Greece and Spain top agenda at Eurogroup meeting
Finance ministers from eurozone nations are to meet on Monday to discuss giving Greece's second bailout final approval.
3/12/2012
China records huge February trade deficit
China swung into a huge trade deficit of $31.48 billion in February, according to the latest customs data, as the West's economic troubles hit the world's second-largest economy.
3/10/2012
Portugal's economy shrank 1.6 percent in 2011
LISBON, Portugal (AP) — Portugal's economy shrank 1.6 percent last year as austerity measures adopted in return for a euro78 billion ($103 billion) bailout took their toll, the national statistics agency said Friday.
3/09/2012
Airbus says China blocking orders worth $12 billion over EU scheme
China is blocking orders for at least $12 billion worth of Airbus jets to protest the European Union's emissions trading fees, in a new challenge to the program aimed at fighting global warming, the planemaker said Thursday.
3/08/2012
Forbes tally grows to 1,226 billionaires globally
NEW YORK (AP) — One made the list on the strength of girdle sales, another powered by electric sports cars. Still others lost billions or fell off the list altogether thanks to the weak global economy and the gyrations of financial markets.
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