Articles About G20
- Author:
- James I. Clark III
- Posted:
- 11.29.2011
Italy Asks IMF to Oversee its Debt Reduction Efforts
Italy’s Prime Minister Silvio Berlusconi has asked for international oversight of his efforts to slash the eurozone’s second-largest debt, even as his unraveling coalition threatens efforts to build a wall against Europe’s debt crisis. Berlusconi’s government asked the International Monetary Fund (IMF) to assess its debt-reduction progress, and turned down an offer of financial assistance. […]
- Author:
- Catalina Parada
- Posted:
- 11.15.2011
New Financial Hit to Spain: S&P Downgrades Its Credit Rating
Standard & Poor’s slashed Spain’s credit rating to AA-, three steps beneath the highly desirable AAA, underscoring the challenges facing Europe’s major powers as they meet G20 counterparts over the eurozone debt crisis. S&P, whose move mirrored that by fellow ratings agency Fitch, cited high unemployment, tightening credit and high private-sector debt. Spanish 10-year government […]
- Author:
- Mark McDowell
- Posted:
- 06.15.2011
Oxfam: Food Prices to Rise as More Go Hungry
Climate change and decreasing natural resources will put greater pressure on the world’s supply of food over the next several decades, threatening millions of people with chronic hunger, according to a report from Oxfam International. The British-based charity says that the world’s food system is “broken,” and that food price increases have driven 44 million […]