Business

G20 the right body for economic leadership

John Denton The group has proven itself the best forum for its times.

Upbeat G20's financial reform pledge

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The Group of 20 rich and developing nations declare their crisis-fighting efforts a success and promise to give rising nations more say in rebuilding and guiding the global economy.

Australia basks in G20 glow

Shaun Carney, Pittsburgh Political, cultural and strategic gulfs that separate Australia and the United States.

G20 prepares to take centre stage

Although light on detail, the G20 decision is being hailed as a big step forward, writes Anne Davies.

Developing world gets seat at the top table

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Anne Davies The group of 20 largest economies will permanently replace the G8 as the premier forum for international economic co-operation, a big win for Australia and developing nations.

G20 Final Communique: Financial regulation

Failures of regulation and supervision, plus reckless and irresponsible risk taking by banks and other financial institutions, created dangerous financial fragilities.

G20 Final Communique: Modernising global institutions

Leaders agree that development and reducing global poverty are central to the development banks' core mission.

G20 Final Communique: Energy and climate change

Access to diverse, reliable, affordable and clean energy is critical for sustainable growth, leaders say.

G20 Final Communique: Opening the global economy

The Group of 20 rich and developing nations released the following final statement at the conclusion of the two-day meeting of world leaders.

G20 Final Communqie: Fighting poverty

The G20's pledge on poverty.

G20 Final Communique: Job growth

G20 pledges to keep emergency economic supports in place until sustainable recovery is assured, launch a framework for acting together to rebalance economic growth, and establish tougher rules governing banks by 2012.

Protesters march against G20 in Pittsburgh

About 10,000 protesters staged a peaceful march against capitalism and the Group of 20's summit agenda on Friday, as businesses cleaned up from a night of skirmishes on Pittsburgh streets.

G20 leaders agree not to pull back stimulus measures

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The Group of 20 leaders of emerging and developed nations have agreed not to roll back massive stimulus measures that helped contain a severe global recession, a joint statement says.

G20 board releases bold plan on executive pay

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Peter Martin Executive bonuses would be scaled back, reviewed annually and unlinked from short-term share price movements under a bold plan presented to world leaders meeting in Pittsburgh.

Global economy back from the brink: Obama

President Barack Obama says action by the Group of 20 nations since April has "brought the global economy back from the brink".

G20 leaders agree to phase out fossil fuel subsidies

Leaders of emerging and developed nations have agreed to a US plan to phase out government subsidies for fossil fuel blamed for global warming, a joint statement says.

Leaders 'near agreement' on bank bonuses

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World leaders have reached basic agreement on the contentious issue of limiting the bonuses of bankers, US Treasury Secretary Timothy Geithner says.

Police fire tear gas to disperse protesters

Karin Zeitvogel Police fired tear gas to disperse a group of masked anarchist protesters attempting to march on the venue of the Pittsburgh G20 summit on Thursday.

G20 leaders seek common approach to the economy

The economy, literally, as a melting ice sculpture.

The leaders of the world's largest economies have begun two days of meetings hampered by different agendas as they seek a common approach to advance a fledgling economic recovery and prevent new meltdowns.

New world economic order takes shape

The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant.

PM outlines vision for global economy

Anne Davies NEW YORK: On the eve of the Group of 20 meeting in Pittsburgh, the Prime Minister, Kevin Rudd, has used his speech to the United Nations General Assembly to drive home the idea of the G20 becoming the main forum for dealing with the global economy.

Global leaders must think small, big time

Peter Anderson The health of small business is critical to global recovery.

Analysis

Old world fault lines evident as leaders meet

Italy has pushed back a British bid to promote the Group of 20 into the steering committee for the global economy, exposing the concern of some European countries that this would be at their expense.

G20 leaders facing lingering economic trouble

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Bolstering a global economy, restraining greedy bankers and plotting a future course for sustainable growth - the leaders of the world's major economies have no shortage of items on their to-do list.

The world is relying on the G20 leaders to find a way back to economic stability

Tim Colebatch

Tim Colebatch Opinion The G20 leaders meet in Pittsburgh this week to debate a way out of the global financial crisis. That fact alone tells us how much this crisis has changed the world.

PM's forceful message to the UN

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Prime Minister Kevin Rudd has urged world leaders never to forget the human face of the global financial crisis as he addressed the United Nations in New York.

Australian will help shape the summit

James Quinn Jane Diplock is one of the most influential women in the male-dominated world of financial regulation.

Leaders need crash course on global economy

Daniel Ikenson and Alec van Gelder Opinion G20 leaders are convening in Pittsburgh this week during a sticky time for global trade relations.

Bankers likely to escape moves for caps on pay

Ian Katz GLOBAL leaders meeting at the Group of 20 summit in Pittsburgh this week are moving towards a compromise on compensation rules that fall short of the political rhetoric branding banker pay a worldwide disgrace.

IMF calls on central banks to do more

Peter Martin Economics Correspondent THE International Monetary Fund has challenged the Reserve Bank and other monetary authorities to do more than simply target inflation during the next upturn.

Bank savings in spotlight

At the G20 meeting this week, leaders from the world’s largest economies will discuss new rules dictating how much banks must stash in their vaults versus the amount they are putting to work.

David Nunnerley

Public debt, America's millstone

The world's largest economy has been living way beyond its means, writes David Nunnerley.

UK eyes Tobin Tax

British Prime Minister Gordon Brown says the introduction of a global tax to reduce risky behaviour by banks is "worth looking at'', as he prepares for a G20 summit next weekend.

Rudd to urge caution at G20 gathering

Anne Davies HERALD CORRESPONDENT The Prime Minister has warned against the premature withdrawal of the $5.8 trillion in global stimulus pumped into world economies to stave off the global financial crisis.

Protectionism rising despite vows on trade

As the G20 leaders meet again, they'll get this progress report: Most of their economies are on the mend - and trade tensions and protectionism are on the rise.

Compromise on as G20 reworks bankers' rewards

Ian Katz, Washington Global leaders meeting at the Group of 20 summit moving towards compromise on compensation rules that falls short of rhetoric which brands bankers' pay worldwide disgrace.

Obama hosts G20 one year after meltdown

A year after global finance imploded, US President Barack Obama is to host a G20 summit aimed at tightening regulations to ensure such a calamity never happens again.

Protesters greet G20 leaders

US President Barack Obama, already in a tough fight at home over health care, faces a test of his international leadership.

Obama hosts high-stakes G20

President Barack Obama heads to Pittsburgh to host the G20 economic summit to face a high-stakes agenda.

The G20 according to Hartcher

Peter Hartcher asks a few pointed questions about the G20 meeting in Pittsburgh.

'Prime Minister Rude': Clinton

Bill Clinton refers to Prime Minister Kevin Rudd as 'Mr Rude' at his Clinton Global Initiative in New York.

Gaddafi blasts big powers at UN

Libyan leader Muammar Gaddafi accuses the veto-wielding Security Council of betraying the principles of the UN charter.

Obama calls for new era at UN

In his first speech to the United Nations General Assembly, President Barack Obama called for "a new era of engagement" with the world.



View our interactive multimedia presentation to mark the anniversary of the start of the global financial crisis.

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