Australia Hosted the G20 Summit this past Weekend

Thanks for the update Ron.

Ronmamita's Blog

G-20 finance ministers and central bank governors gathered for their annual meeting in Sydney on Feb. 22, 2014
The largest global economies [G20] have pledged to install policies that will add $2 trillion to the world economy over the next five years.

“Precisely how G20 leaders plan to deliver on the Sydney promise to lift global GDP at least 2% by 2018 remains sketchy at best,” said Societe Generale’s Michala Marcussen.

Another topic discussed during the meeting was the necessity to implement stricter rules on cross-border taxation to prevent companies from shifting their income to low-tax countries.

Concerns were expressed about the Federal Reserve’s decision to gradually reduce buying bonds and its impact on their stock markets, which have suffered since the Fed’s decision to begin tapering its asset-purchase program.


Lagarde said the IMF stood ready to provide support to Ukraine following days of political…

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