Thursday, December 30, 2010

Wall Street G20 emerging economies will participate in consultation sniper combat recession.

<P> 10 月 8 日 9 am, Washington, International Monetary Fund (IMF) a negative floor press room, looking dignified Blanchett: "Good morning, everyone, let me talk about a situation all the more concerned, as .You see, our economy is decline. "</ P> <P> Blanchett is the IMF's chief economist, he began issuing this statement," view the world economy. " .Blanchett also said: "The current world economic slowdown in developed and developing countries have significantly different levels to combat, and some countries close to the edge of recession." .</ P> <P> patient has been critical, but doctors are still on the road. .With the diagnosis and treatment of the global financial crisis years the difference is that this new doctor was also involved in consultation - the emerging market countries. .</ P> <P> 10 月 8 U Treasury Secretary Henry Paulson announced that, in addition to G7 meetings this weekend G20 finance meeting in Washington to discuss the response to the global economic crisis. .</ P> <P> The meeting was the United States since the outbreak of the economic crisis the first gathering of the Group of 20 finance ministers, reflecting the reality of the world situation. .</ P> <P> "G20 summit meeting reflects the needs of real world economic situation, a number of countries outside the G7 major impact on the world economy," U.S. Deputy Treasury Secretary David McCormick said. .</ P> <P> G7 to seek cooperation in four areas </ P> <P> 20 of the Group of 7 countries from the West, China, Russia, India, Argentina, Australia, Brazil, Indonesia, Mexico, Saudi Arabia, South Africa, South Korea .and Turkey composition. .</ P> <P> 10 月 10 日, G7 finance ministers meeting will focus on the problem of the current financial turmoil. .On this day, the Treasury would be a tense day. .Treasury Secretary Paulson will hold bilateral talks with some, in addition he will also attend a breakfast meeting IMF Committee and the Western finance ministers and a round-table talks. .Dinner will be held Houbaoersen deal with financial issues with other countries to share experiences. .</ P> <P> G7 finance ministers meeting this theme involves four aspects: liquidity, capital, market stability and financial regulation. .The meeting will not only discuss issues of multilateral cooperation, countries deal with financial problems will also discuss the individual circumstances. .</ P> <P> in cooperation, Deputy Treasury Secretary U.S. Treasury McCormick (David McCormick) have no objection to talking about profitable business cooperation. ."Some people hear profitable to feel disdain, it is prejudice," McCormick said. .</ P> <P> but the concrete results of the dialogue, the host country did not mind the end. ."I do not want to promise too much, the progress of the dialogue depends on the specific results may be," McCormick (David McCormick) said. .</ P> <P> See United States G20 finance ministers invited the Ministry of Finance </ P> <P> after McCormick if so, because the G7 and the developed countries is seriously ill. .</ P> <P> released on the same day under the IMF's "World economic view," predicted the economic crisis will make the G-7 members, and Spain and other developed countries in 2009 economic growth rate close to zero or negative growth. .</ P> <P> But the IMF also denied saying the global economy into recession, the organization forecast for 2009 world economy will grow by 3%. .(Http://finance.) "3% is not very high (5.0% in 2007), but not to the extent of recession," Blanchett said. .</ P> <P> While the major developed countries in Europe and America have claimed increasing the intensity and scope of intervention in the economy, but the countries have a leg to stand. .</ P> <P> 8, the British Chancellor of the Exchequer Alistair Darling announced a package of bank rescue plan, the British government will inject up to major commercial banks up to 500 million pounds of funding. .</ P> <P>.

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