Suva, Fiji
Temp: 77 °F / 25.0 °C
Wind: 9.7 KMH
Scattered Clouds
INTERNATIONAL BUSINESS NEWS
November 08, 2009 10:15:19 AM

Here are the main points from the communique issued at the end of the G20 finance ministers meeting in St Andrews, Scotland, on Saturday.

- The G20 pledged to "maintain support" for the economic recovery until it is secured. It acknowledged that recovery is "uneven" and "dependent on policy support".

- The grouping, which represents the world's richest and biggest emerging economies, also outlined a timetable on mutual monitoring of their economic policy.

This comes after G20 leaders crafted a "framework for strong, sustainable and balanced growth" at a summit in the US city of Pittsburgh in September.

- The meeting also pledged to work towards an "ambitious outcome" at the United Nations' Copenhagen summit on climate change in a month's time, which aims to cap harmful greenhouse gas emissions.

Although the communique said ministers had discussed climate finance for developing countries, no final figure was agreed, drawing criticism from campaigners.

Post a Comment
Bookmark and Share
The News Forum is temporarily deactivated because of the PER.
 
LOCAL
Contestants to be introduced tonight, BhikaThis evening’s program culminates with the Bogi Ni Taukei aptly known as the Fiji Night and will also be the first public introduction of the 13
SPORTS
Ireland slaughter hapless Fijians at homeRookie fly half Jonathan Sexton announced his arrival in international rugby with a flawless performance in Ireland's comprehensive slaughter of a hapless Fijian outfit 41-6 here Saturday.
BUSINESS
State to regulate wholesale telecom pricesAfter months of delay, government has finally announced that it will intervene in the wholesale prices of voice-based telecommunication services in Fiji
ENTERTAINMENT
'Twilight' sequel scores monster box office openingThe hotly anticipated sequel to vampire romance "Twilight" scored a monster hit at the North American box office on Friday, shattering previous
OFFBEAT
Mussolini's blood and brain up for saleItalian dictator Benito Mussolini's blood and brain went on sale Friday for 15,000 euros (22,000 dollars) on online auction website eBay, before
FIJIAN
Sikovi Macuata na PeresitediE dolava na Peresitedi ni noda vanua ko Ratu Epeli Nailatikau na bose ni Matabose ni Yasana ko Macuata e Naduri ena Lotulevu.