日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

WORLD> Global General
G20 aims at bank pay and capital; stimulus to stay
(Agencies)
Updated: 2009-09-06 09:11

G20 aims at bank pay and capital; stimulus to stay

Finance Ministers and central bank governors from the G20 nations pose for a group photo during a break in their meeting at the Treasury in London, September 5, 2009. G20 finance leaders pledged on Saturday to keep economic life-support packages in place until a recovery is firmly secured, but reached no deal on putting limits on bankers' pay. [Agencies] 

LONDON: G20 finance leaders on Saturday took aim at excessive bank pay and risk-taking at the root of the financial crisis and insisted trillions of dollars of emergency economic supports would be needed for some time.

Although the global economy looks brighter than when the Group of 20 finance ministers and central bankers met in April, their closing statement said they would not remove economic stimulus until the recovery was well entrenched.

Related readings:
G20 aims at bank pay and capital; stimulus to stay G20 to keep stimulus for now
G20 aims at bank pay and capital; stimulus to stay G20 to pledge stimulus until economic recovery certain
G20 aims at bank pay and capital; stimulus to stay European countries call on G20 to tackle bonuses
G20 aims at bank pay and capital; stimulus to stay 
G20 to pledge loose policy until recovery assured

While the timing of these eventual policy reversals may vary, the G20 said for the first time there should be some coordination to avoid adverse international fallout.

But as the focus shifted from crisis-fighting to establishing a safer financial system for the future, ministers searched for consensus on precise plans to rein in bankers' huge bonuses and use more of their profits to build buffers against any future crisis.

"We cannot put the world in a position where things go back to where they were at the peak of the boom," US Treasury Secretary Timothy Geithner said.

"It cannot happen, will not happen and you can't expect the markets to solve that problem on their own because it's a huge collective action problem...so it has to come through things that countries legislate."

EXIT, BUT NOT NOW

On the public stage, the message was one of solidarity as policymakers agreed they must keep spending the $5 trillion already earmarked as economic stimulus and delay any unwinding of emergency fiscal and monetary measures until economies are sturdy enough to stand on their own.

"The classic errors of economic policy during crises are that governments tend to act too late with insufficient force and then put the brakes on too early," Geithner said. "We are not going to repeat those mistakes."

In a final statement, the G20 officials from rich and developing countries also said they would work with the International Monetary Fund and Financial Stability Board to develop cooperative and coordinated exit strategies.

Behind the scenes, some G20 sources expressed frustration that there was not more progress made in curbing excessive pay packages for bankers -- particularly those employed by firms that have received billions of dollars in government support.

"There is broad agreement on what to do. The problem is we need to go beyond agreement. We need to have concrete measures," said International Monetary Fund chief Dominique Strauss-Kahn. "I'm impressed by the level of consensus but I'm still waiting for strong measures to be decided and also to be implemented at the national level."

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 欧美aaa视频| 国产97在线观看 | 日韩在线免费看 | 日韩视频一区二区在线观看 | av成人免费网站 | 国产老头视频 | 免费看成年人视频 | 久草午夜 | 亚洲视频一区二区在线观看 | 毛片综合 | 男女全黄做爰文章 | 亚洲网站在线观看 | 中文字幕在线播放第一页 | 欧美黄色一区二区 | 国产精品一二三四 | 久久精品一二 | 可以在线看的av | 欧美日本一区二区 | 国产精品wwww | 日韩欧美视频在线播放 | xxxxx黄色| 日韩激情第一页 | 精品久久久久久久久久久aⅴ | 色av综合 | 日本在线一区二区三区 | 国产黄色一级片 | 蜜桃av噜噜一区二区三区麻豆 | 大学生三级中国dvd 亚洲www在线观看 | 亚洲一区二区自拍 | 亚洲综合影视 | 2020av| 手机成人在线视频 | 国产视频不卡在线 | 亚洲九九热 | 天天视频色 | 国产精品18 | 成人高清网站 | 亚洲激情四射 | 免费黄色一级片 | 亚洲黄色片视频 | 国产精品jizz |