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Obama challenges China on G20 stage (AFP) (Jun-27, 21:18 EDT )-- AFP - US President Barack Obama has launched a stern challenge to China, using the big stage of the G20 summit of world powers to demand Beijing's help in rebalancing the world economy.
G20 push for IMF voting power deal by November (Reuters) (Jun-27, 20:40 EDT )-- Reuters - Group of 20 leaders pledged on Sunday to push for agreement on greater voting power for emerging economic powers in the International Monetary Fund by the next summit in Seoul, South Korea, in early November.
Americans can't buy the world's prosperity: Obama (AFP) (Jun-27, 20:40 EDT )-- AFP - Debt-ridden Americans can no longer "borrow and buy" the world's way toward prosperity, US President Barack Obama has said, warning new drivers of growth were needed to fuel global recovery.
Stocks eye jobs amid economic worries (Reuters) (Jun-27, 20:02 EDT )-- Reuters - Stock investors will anxiously await the crucial June jobs data this week for clues on how the U.S. economy may weather recent storms that drove Wall Street's major indexes down for the year.
G20 parts ways in search of lasting recovery (Reuters) (Jun-27, 18:27 EDT )-- Reuters - World leaders agreed on Sunday to take different paths for cutting budget deficits and making their banking systems safer, a reflection of the uneven and fragile economic recovery in many countries.
G20 urges phasing out of fossil fuel subsidies (Reuters) (Jun-27, 14:22 EDT )-- Reuters - Leaders of the world's biggest economies will pledge on Sunday to phase out subsidies for "inefficient" fossil fuels, in a statement toughened at the last minute at the urging of the United States, Group of 20 sources said.
Senator urges Fed to oversee bank fee changes (Reuters) (Jun-27, 13:26 EDT )-- Reuters - A U.S. senator on Sunday called on the Federal Reserve to ensure that banks do not penalize customers as they phase out free checking accounts and take other steps to increase revenue.
Central bankers urge Europe to sort out debt crisis (Reuters) (Jun-27, 12:59 EDT )-- Reuters - Europe must solve its sovereign debt crisis so as not to endanger the uneven global economic recovery, which is led by China and emerging economies, central bankers said on Sunday.
Sanctions probably won't dissuade Iran: CIA chief (Reuters) (Jun-27, 12:53 EDT )-- Reuters - Targeted economic sanctions on Iran probably will not deter Tehran from seeking a nuclear capability, CIA chief Leon Panetta said on Sunday.
G20 walks tightrope between growth and deficits (Reuters) (Jun-27, 12:45 EDT )-- Reuters - World leaders put the finishing touches on plans to build a more stable global economy on Sunday, but backed away from one-size-fits-all pledges as two years of crisis give way to an uneven recovery.
G20 aims for economic balance in an uneven recovery (Reuters) (Jun-27, 09:21 EDT )-- Reuters - World leaders put the finishing touches on plans to build a more stable global economy on Sunday but backed away from one-size-fits-all pledges as two years of crisis give way to an uneven recovery.
Fraud alleged against N.Y. census workers; Michael Jackson glove auctioned (Jun-26, 23:00 EDT )-- Two U.S. Census Bureau managers in Brooklyn have been fired on suspicion of forging questionnaires and ordering supervisors and clerks in their office to do the same, officials said. Michael Jackson - Auction - Los Angeles - United States - Las...
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