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April
3
CNN's Anderson Cooper spoke Thursday with Treasury Secretary Timothy Geithner at the G-20 economic summit in London, England. Geithner discussed whether the United States bears some responsibility with the global economic woes, possibility of a global regulator and how to create a stronger financial system. The following is an edited version of the interview. Cooper: European papers have called this the most important economic summit since World War II. What have you actually accomplished, though What new concrete steps ...
April
1
Fewer Bentleys cruise the streets of Moscow these days, sushi sales are down, and construction on Europe's tallest tower has halted for lack of money. For fashionistas at the opening of the 18th annual Russian Fashion Week on Sunday, the most potent sign of the times was the sight of people wearing last year's styles. "Even the very rich aren't just going out and buying anymore," says Tatyana Ageyeva, a buyer who has worked for élite labels like Kenzo and ...
March
31
Leaders at this week's Group of 20 summit must reshape the world's economic system to reflect global values, British Prime Minister Gordon Brown said Tuesday. World leaders also must manage globalization to prevent a repeat of the mistakes that led to the current financial crisis, Brown said during a meeting of faith groups and charities at London's St. Paul's Cathedral. "Instead of a globalization that threatens to become values-free and rules-free, we need a world of shared global rules founded ...
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