G20


G20 Summit too late to be useful

The Group of 20 Summit in Pittsburgh is probably three to four months too late for the politicians to make much of an impact. The recovery in financial markets has drained much of the impetus for re-regulation and change.

Crikey Says: Rudd puts G20 front and centre

Rudd’s Foreign Policy Association speech – once you get past the obsequious praise of the United States – is an almost blunt demand that the G20 become the critical instrument of world economic regulation.

Rudd’s radical global reforms

Pals Kevin Rudd and Barack Obama may be due for their first rumble. Rudd’s major NY speech calls on the US for global leadership, while Obama tells the UN the US can’t fix the world’s problems.

CPRS polluter haggling crushes our national interest

You can’t drive the economy forward while looking in the rear-view mirror, and as the low carbon competitiveness report highlights, the longer we delay “the more costly the eventual transition will be”, writes John Connor .

Why the GFC will happen again

At the nadir of the GFC, few ideas seemed too extreme for consideration to overhaul the regulation of banks, write Theo Francis and Peter Coy. But the G20’s weakened reform plan won’t give the system the kick in the pants it needs.

GFC: Australia’s chance to shine

The GFC has meant a new global hierarchy is emerging and Australia’s relationships with emerging economies, such as Brazil and India, should not be underestimated for future negotiating power, writes Dennis Shanahan.

G20: home of the real economic 
debate

Did the stimulus package work? That’s the only economic debate the Opposition and much of Australia’s media are mired in. But a lot more went down at G20 over the weekend. Like the Rudd government’s vindication.

How G20 unity prevented (more) economic disaster

Forget squabbling about minor issues, the G20 nations have stuck to very similar economic approaches to avert a GFC catastrophe — from stimuluses to bank guarantees. And it’s worked, says Anatole Kaletsky.

Political economy: costs of economic stimulus

As Wayne Swan heads for London to talk to less successful finance ministers with a positive GDP for the last quarter under his belt, some economists are questioning whether the number is fair dinkum, writes Henry Thornton.

G20: a watcher’s guide

Will you be glued to the news this weekend to catch every thrill and spill as finance ministers and central bankers from G20 nations get together for conversation and good times? Forbes has a guide to all the big issues you can expect to see emerge.

G20 leaders back Swan on stimulus

The world’s finance ministers at this weekend’s G20 meeting are expected to support Federal Treasurer Wayne Swan’s claim that it is too soon for countries to stop stimulating their economies to alleviate to world’s GFC woes.

The G20 circus is back in town

Finance ministers from around the globe are descending on London for the latest G20 meeting, where there are some serious talks to be had on exit strategies, the IMF and financial regulation.

IMF needs to up its credit limit

A truly global crisis calls out for a global response, but the IMF desperately needs to back up its talk with cash money.

G20 washup: questions over the death of Ian Tomlinson

Footage released overnight casts a sickening new slant on the death of a bystander at last week’s G20 protests in London, writes Andrew Crook.

Your Say: Daily Mail readers' feedback: Mark Latham … the Budget … G20 … Therese Rein …

CRIKEY: In yesterday’s Crikey Mark Alridge was incorrectly attributed the byline of ‘South Australian Independent Legislative Councillor’ but he is not currently a member of parliament. The mistake was made in the subbing process. Mark Latham: Niall Clugston writes: Re. Yesterday’s editorial. What is it about Mark Latham that he brings out all this compulsive psychobabble? […]

Guy Rundle: London plod’s G20 “kettling” boils over

The bolshy British approach to policing its G20 protestors could have resulted in the death of an innocent bystander, writes Guy Rundle.

Mungo MacCallum: Rudd need not apologise for G20

Last week’s G20 meeting was extraordinary, and Kevin Rudd played his part, writes Mungo MacCallum.

G20 done, Rudd’s recession rubber hits the road

Rudd’s inclusiveness is in part a political weapon to isolate the Coalition from the mainstream, writes Bernard Keane.

The quick and dirty guide to what was agreed in London

Bernard Keane provides the pithy version of the G20 outcomes.

Morning Market Report: The G20 bounce

The market is looking healthy … Dow up … G20 latest.

G20 can’t go on. It goes on

Rundle’s running commentary from the frontline of G20.

G20 ends era of unregulated international finance

It won’t quite bring transnational corporations to heel, but life for the financial branch of that family is going to get a whole lot less private, writes Bernard Keane.

Kohler: All spin, no substance emerging from G20

I have devoted a couple of hours this morning to trying to figure out what has changed from the G20 — hours I will never get back. I think it is all just spin, writes Alan Kohler.

G20 snippets: from communique to Doha

A Crikey wrap of the g20 carnival. Watch the leaders ham it up for the final photo shoot.

US back fiddling the books on GFC

As the G20 were preening and congratulating themselves, US regulators were hard at work changing their accounting standards to placate the likes of Citigroup, writes Glenn Dyer.