The G20 has failed to follow through on its coordinated reform agenda. In Cannes this November, G20 leaders must empower a truly independent International Monetary Fund to require real financial reforms – for all nations, regardless of their relationship with the IMF.
African trade officials convened in South Africa this week to announce the start of negotiations on a continental free trade zone that would incorporate 26 countries and cost almost a trillion dollars.
Obama says India should have a permanent seat on the UN Security Council, but needs to use its growing global clout to boost democratic institutions.
France's Bernard Kouchner, Japan's Katsuya Okada, and Belgium's Charles Michel discuss innovative financing to fund development projects that will help lift up the world's poorest people.
With American consumers pulling back, these other economies have also been slowing down. This means Obama won’t easily find the export markets they need to create enough jobs to make up for the vanishing American consumer.
As competing agendas descend upon Toronto for this weekend’s G20 summit, the so-called BRIC countries expect to get an equal voice, but less-developed countries remain concerned about being heard.
Brazilian President Lula weighs in on the BRIC summit where Brazil, Russia, India, and China showed they are committed to building a joint diplomatic and creative approach to world issues.