Media releases archive-Date-Document-Type / Size
2006, Nov 15
2006 G-20 Meeting of Finance Ministers and Central Bank Governors
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Media Release, Reserve Bank of Australia
2006, Nov 8
The G-20 Addressing Global Challenges
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Speech by Dr Martin Parkinson, Executive Director, Australian Treasury
2006, Oct 9
The Role of the G-20 in the Global Financial Architecture
PDF / 76Kb
Presentation by Dr Martin Parkinson, Executive Director, Australian Treasury
2005, Oct 17
G-20 Meeting Ends, Communiqué Issued
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2005, Oct 16
G-20 Delegates hold First Day Discussions on Three Topics
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2005, Oct 16
Hu calls for Strengthening Global Cooperation
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Full text of President Hu's speech at the G-20 Meeting
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2004, Nov 21
G-20 Finance Ministers successfully concluded
PDF / 32Kb
2004, Oct 26
G-20 Conference of Finance Ministers and Central Bank Governors from 19 to 21 November in Berlin Registration for Media Representatives
PDF / 19Kb
2004, Aug 2
G-20 Conference of Finance Ministers and Central Bank Governors from 19 to 21 November in Berlin Registration for Media Representatives
PDF / 20Kb
2004, Mar 16
G-20 Conference of Finance Ministers and Central Bank Governors from 19 to 21 November in Berlin Registration for Media Representatives
PDF / 18Kb
2004, Jan 20
Shaping Globalisation Together
PDF / 140Kb
2002, Jul 16-17
Press-release issued after conclusion of G-20 Finance and Central Bank Deputies Meeting, New Delhi
PDF / 12Kb
2001, Nov 16-17
Finance Minister Sinha takes over G-20 Chair
PDF / 12Kb
2001, Nov 16
G-20 Finance Ministers and Central Bank Governors in Ottawa to Discuss Fight Against Terrorism
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2001, Nov 5
Minister of Finance Announces Venue for G-20 Ministerial in Ottawa
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2001, Oct 17
G-20 Finance Ministers and Central Bank Governors to Meet in Ottawa
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2001, Jan 24
G-20 The Ideal Forum to Tackle Problems Associated With Globalization, says Finance Minister in London
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2000, Oct 23
G-20 Ministers and Governors in Montréal to Discuss Financial Vulnerability
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2000, Sep 13
Minister of Finance Announces Venue for G-20 Ministerial in Montréal
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2000, Aug 16
Finance Minister Meets With NGOs in Advance of G-20 Meeting
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2000, May 18
Minister of Finance Stresses Need for Broader Consultation to Successfully Manage Globalization HTML
2000, Apr 05
Finance Ministers and Central Bank Governors of the G-20 to Meet in Montréal in October 2000
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1999, Dec 16
G-20 Commits to Efforts to Reduce Vulnerabilities to Global Financial Crises
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1999, Sep 25
Finance Minister Paul Martin Chosen as Inaugural Chairperson of New Group of Twenty
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Protests At G-20 Summit Remain Controlled, Largely Non-Violent
April 1st, 2009 - Wednesday
Protests at the Group of 20 Summit in London are remaining relatively subdued Wednesday, as a commanding police presence has kept the skirmishes to a minimum. Demonstrators gathered outside the Bank of England to voice their dissatisfaction with the current economic state as the global economy muddles through one of the most severe recessions of the past century."We are sick of spending money and killing people and saving bankers", Ronald Horne, self-proclaimed leader of the World Peace Group, told RTTNews.
"But we are not here to incite violence."Horne's group apparently consisted of him and two others, and there were numerous such organizations demonstrating."Our group will sit down at the outbreak of violence," Horned added.There has been significant tension at the outset of the global economic meeting, with leaders from around the world gathering to discuss the best way out of the current financial crisis. However, resentment has built against the banks and other financial institutions, sparking demonstrations with themes like "Financial Fools Day" in honor of April 1st.
The U.S. Markets opened low on fears of what could happen at the G20 Summit in England.
April Fool's no joke for bulls
April 1 (Bloomberg) -- President Barack Obama and U.K. Prime Minister Gordon Brown called on the international community to act in concert to overcome the global economic crisis as divisions emerged before a meeting of world leaders.
“We can only meet this challenge together,” Obama said today at a joint press conference with the British leader after private talks. “All of us here in London have the responsibility to act with a sense of urgency.” Reports of disagreements are “vastly overstated,” he said.
France, Germany and Japan have all raised concerns that tomorrow’s summit of leaders from the Group of 20 nations may fail to reach consensus. That would deal a blow to the summit’s aim to identify ways to end the global recession and avoid a repeat of the financial crisis that triggered it.
“This summit cannot simply agree to the lowest common denominator,” Brown said, adding that governments worldwide have so far agreed to spend about $2 trillion in stimulus programs to combat the “unprecedented” financial crisis. “We must stand united in our determination to do whatever is necessary.”
At the top of the G-20 agenda is a common regulatory framework to rein in hedge funds, derivatives trading, executive pay and risk-taking by financial firms. Nations remain divided about how much stimulus is required as well as about naming tax havens and a new global rulebook for banks.
‘Confidence and Concern’
“I’m traveling to London with a mixture of confidence and concern,” German Chancellor Angela Merkel told reporters in Berlin today. The G-20 may be trying to “suppress the problems and paint things in a brighter light than they are.”
French President Nicolas Sarkozy said the summit’s draft communiqué doesn’t do enough to crack down on tax cheats. Sarkozy’s finance minister, Christine Lagarde, said yesterday that he’d walk out of the summit if his push for stricter regulation flops. Japanese Prime Minister Taro Aso criticized Germany’s unwillingness to increase stimulus spending in the Financial Times today.
“In the current state of things, the proposals don’t suit France or Germany,” Sarkozy said on Europe 1 radio. “No agreement is secured. I know by experience that we will need to fight until the last minute.”
Expectations for the summit “are being managed down,” Stephen Roach, Morgan Stanley’s Asia chairman in Hong Kong, said in an interview.
No ‘Appetite’
“There seems to be no real appetite for the leaders to deal with the imbalances in a broader global economy or their own individual economies,” Roach said. “This is not going to be a breakthrough summit.”
Obama, who arrived in London last night on his first European trip as president, downplayed the differences among the G-20 nations.
“I am absolutely confident that this meeting will reflect enormous consensus about the need to work in concert to deal with these problems,” he said. “I think that the separation between the various parties involved has been vastly overstated.”
The recession has worsened since the G-20 leaders last met in November in Washington.
The Organization for Economic Cooperation and Development said in Paris that the economy of its 30 members will contract 4.3 percent this year and predicted unemployment in the Group of Seven will reach 36 million late next year. The World Bank lowered its growth forecast for developing countries this year by more than half to 2.1 percent.
EU Spending
The deepening slump has prompted a split over how much governments need to spend to reverse the tailspin. Germany and France have led a European Union response that the $400 billion EU states have already approved should be enough and any more would drive debt too high. Aso is preparing his third stimulus plan.
“There are countries that understand the importance of fiscal mobilization, and there are some other countries that do not -- which is why, I believe, Germany has come up with their views,” Aso told the FT in an interview.
The president sought to strike a balance between urging nations to take bolder action and coming across as overbearing - - a trait many in Europe ascribed to his predecessor, George W. Bush.
“We’re not going to agree on every point. I came here to put forward our ideas. But I also came here to listen, not to lecture,” Obama said.
“Having said that, we must not miss an opportunity to lead, to confront a crisis that knows no borders. We have a responsibility to coordinate our actions and to focus on common ground, not on our occasional differences.”
INTERNATIONAL HOPE CAMPAIGN
World Leaders Test Obama: China Calls For Global Currency To Replace Dollar... Russia Wants US To Back Off Range Of Policies.... France Threatens To Walk Out If Strict Regulations Aren't Adopted... Obama's Wednesday Schedule: Meeting With Queen Elizabeth II, Attending G-20 Dinner READ HUFFPOST'S G-20 BIGNEWS PAGE
FINANCIAL NEWS: Asian Stocks Rise On Speculation Of U.S. Auto Bankruptcies... Mexico To Get $30B-$40B Line Of Credit From IMF... Chase Tops Goldman In Arranging Rights Offers... Private Sector Axes 742,000 Jobs In March... Wall Street Drops At Beginning Of Second Quarter
Nobody making fool of bulls - Click here for story.
April bulls off to strong start
The Markets today went to the bulls (again !!!) , as the Dow rosed (after a low triple-digit sell-off this morning) to +152.68 (+2.01 %) to 7761.68 . And Nasdaq stayed above with +23.01 points ( +1.51 %) to 1551.60 .
- GM: - 0.01 (-0.52%) 1.93
- AIG: +0.07 (+7.00) 1.07
- GOOG: +0.91 (+0.26%) 354.09
- ETFC: +0.04 (+3.20%) 1.25
- ANF: +0.47 (+1.97%) 24.27
The Feds Seizes Bernard Madoff's Yacht In Florida
Federal marshals seized Bernard L. Madoff’s 55-foot luxury yacht and a 24-foot speedboat in Florida on Wednesday as part of the government’s effort to recover assets to pay back investors in Mr. Madoff’s enormous Ponzi scheme.
The yacht, named “Bull,” is a 1969 Rybovich that is valued at $2.2 million, according to Barry Golden, a spokesman for the United States Marshals Service. He told The Palm Beach Post that the yacht, seized at a Fort Lauderdale marina, was “in mint condition.” The speedboat was seized at a warehouse in Palm City.
The yacht had been docked at the Roscioli Yachting Center for at least a dozen years during the off-season, the marina’s owner, Bob Roscioli, told The South Florida Sun Sentinel.
Mr. Roscioli said the boat had recently undergone repairs, including a complete paint job and repairs to the keel. He said the bill for the repairs as about $130,000 and was paid about a month before Mr. Madoff was arrested on fraud charges for running a $65 billion Ponzi scheme.
“I knew it was coming,” Mr. Roscioli said, referring to the yacht seizure. “It was just a matter of time.”
Mr. Golden said federal marshals received the sealed seizure warrant from Federal District Court for the Southern District of New York on March 23.
National Liquidators, the nation’s largest boat recovery and auction company based in Fort Lauderdale, will take possession of the boats, pending further orders from the federal court, Mr. Golden told The Sun Sentinel.
“Now starts the process of seizing assets,” Mr. Golden said.
Mr. Madoff is in jail awaiting sentencing in June after pleading guilty last month to charges of fraud. He faces a maximum sentence of 150 years behind bars.
Court documents show Mr. Madoff and his wife, Ruth, had $823 million in assets at the end of last year — including the boats.
