Busan
BUSAN, South Korea - World financial leaders pledged Saturday to push ahead on curbing deficits and crafting financial reforms to safeguard the global recovery, including making banks bear much of the burden for government bailouts.
BUSAN, South Korea - Finance chiefs of the world's leading economies have endorsed rescue policies for Europe and the need to rebalance growth by encouraging domestic demand and greater trade by developing countries.
BUSAN, South Korea - Finance ministers and central bankers from the world's leading economies worked Saturday to bridge differences on far-reaching financial reforms amid fears that new financial turmoil could derail the global recovery.
BUSAN, South Korea - Finance chiefs of leading economies tackled the thorny issue of reforming supervision of banks and other financial institutions Saturday, the urgency of their task sharpened by fears Hungary's debt crisis could bring on a new round of financial turmoil.
BUSAN, South Korea - The Group of 20 leading economies faced demands Friday to do more for the developing world as their finance chiefs gathered to work on an agenda aimed at fending off future crises.
