S&P warns cuts loom for G20 nations on health costs

(Reuters) - Ratings agency Standard & Poor's warned it may downgrade "a number of highly rated" Group of 20 countries from 2015 if their governments fail to enact reforms to curb rising healthcare spending and other costs related to ageing populations.

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.

Europe on brink of recession, unemployment above 10%

BRUSSELS: Since the start of the year, one phrase has tripped off the lips of European leaders more than any other: "jobs and growth". After two years of debt crisis and budget austerity, there is a strong desire to shift the narrative on.

Merkel says 'big rethink needed'

Germany's Chancellor Angela Merkel has told the World Economic Forum that a "big rethink" is needed in the eurozone within the global economy.

The SECRET FACEBOOK OF POWER used by global premiers at G20

"It wasn't secret, we just didn't need to tell anyone about it" said Sid Heaslip, Programme manager at Opentext discussing the TOP SECRET FACEBOOK OF POWER that his company made for the G20 summit in 2010, exclusively for the leaders of the world's most powerful nations to network with.

Momentum to drain from world economy in 2012: poll

LONDON (Reuters) - The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.

G-20 Looks to Shore Up Sovereign Financing After Mexico Meeting

Jan. 20 (Bloomberg) -- The G-20 agreed on the need to do more to support indebted nations, Mexico’s Deputy Finance Minister Gerardo Rodriguez said.