The U.S. Treasury Department said it will press Japan to refrain from competitive devaluation while stopping short of accusing it of manipulating the yen in a report on exchange rates.
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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4/14/2013
4/13/2013
Cyprus sell-off fears send gold price tumbling
The price of gold fell to its lowest level in more than 18 months on Friday night amid fears that sales of the precious metal forced on Cyprus by its desperate financial plight would lead to wholesale dumping by hard-pressed countries in the coming months.
4/12/2013
Fed minutes reveal disagreement over Ben Bernanke stimulus programme
Federal Reserve officials are increasingly split over chairman Ben Bernanke's $85bn-a-month stimulus programme, according to the minutes of their latest meeting.
4/11/2013
Asian Development Bank forecasts fragile 2013 recovery
Asia's emerging economies will pick up in 2013 but the recovery will remain fragile, according to the Asian Development Bank (ADB).
4/10/2013
German support for euro grows, poll shows
BERLIN (Reuters) - Some 69 percent of Germans want to keep the euro, a new poll showed on Tuesday, the highest level of support since the single currency was introduced in 2002, according to the paper which commissioned it.
4/08/2013
Nigeria GDP rebasing likely delayed until 2014
ABUJA (Reuters) - The rebasing of Nigeria's GDP, which is expected to increase the estimated size of Africa's second largest economy by around 40 percent, is likely to be delayed until next year, the head of the statistics bureau said on Monday.
Lew to Press for European Policy Changes
WASHINGTON — Jacob J. Lew began his first trip to Europe as Treasury secretary on Sunday, a four-city tour in which he is expected to try to persuade finance ministers to pursue a little more growth and a little less austerity to improve the economic fortunes of the Continent and the world.
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