CULTURE BRANDS UNIVERSITIES UNITED NATIONS
HOME SUBSCRIBE ABOUT US CONTACT US


Global Goals

Press Freedom Day

UNESCO CREATIVE CITIES NETWORK

UNESCO EDUCATION




« Miss World Contest Returns to London, Celebrates 60th Anniversary | Main | Miss Venezuela, Ivian Sarcos, is Miss World 2011 »

November 4, 2011

G20 Summit Concludes in Cannes, France

G20 Cannes, France

ENLARGE

Photo: President Barack Obama (USA) and President Nicolas Sarkozy (France) during G20 Summit in Cannes, France. Credits: France Diplomatie / F. de la Mure / MAEE.

G20 Cannes, France

ENLARGE

Photo: President Nicolas Sarkozy (France), Chancellor Angela Merkel (Germany), and President Barack Obama (USA) during G20 Summit in Cannes, France. Credits: France Diplomatie / F. de la Mure / MAEE.

G20 Cannes, France

ENLARGE

Photo: Prime Minister Stephen Harper (Canada), Prime Minister Julia Gillard (Australia), and Prime Minister Manmohan Singh (India) during a working session at the G20 Summit in Cannes, France, Friday, Nov. 4, 2011. Credits: France Diplomatie / F. de la Mure / MAEE.

G20 Cannes, France

ENLARGE

Photo: President Hu Jintao (China) and President Nicolas Sarkozy (France) during a working session at the G20 Summit in Cannes, France, Friday, Nov. 4, 2011. Credits: France Diplomatie / F. de la Mure / MAEE.

We, the Leaders of the G20, met in Cannes on 3-4 November 2011. Since our last meeting, global recovery has weakened, particularly in advanced countries, leaving unemployment at unacceptable levels. In this context, tensions in the financial markets have increased due mostly to sovereign risks in Europe; there are also clear signs of a slowing in growth in the emerging markets. Commodity price swings have put growth at risk. Global imbalances persist,” said the final communique of the G20 Leaders Summit.

“Today, we reaffirm our commitment to work together and we have taken decisions to reinvigorate economic growth, create jobs, ensure financial stability, promote social inclusion and make globalization serve the needs of the people…”

The G20 has become the number one forum for economic policy coordination. Since the end of 2008, it has met on a regular basis: in London in April 2009, Pittsburgh in September 2009, Toronto in June 2010 and in Seoul in November 2010. It met for the sixth time on 3 and 4 November 2011 in Cannes, France.

The main emerging and developed economies, the G20 countries, account for 85 percent of global output and two thirds of the world’s population. Its members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States and the European Union. Spain is a permanent guest. This year, the French Presidency has invited the United Arab Emirates, Ethiopia, Singapore and the African Union Presidency.

To carry out its work, the G20 draws on the expertise of the International Monetary Fund (IMF), the World Bank, the United Nations (UN), the Organisation for Economic Cooperation and Development (OECD), the International Labour Organization (ILO), the World Trade Organization (WTO), and the Financial Stability Board (FSB).

|GlobalGiants.Com|

A Suggestion for the Financial Stability Board (FSB):

G20 Cannes, France


del.icio.us StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by Surender Hastir | 12:14 PM | Link to this Post


Follow GlobalGiants.Com on Twitter

Start from HOME Go to Top


TRANS WORLD EXPORTS


  DMCA.com Protection Status