综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

WORLD> Global General
Obama wants world economy reshape at G20
(Agencies)
Updated: 2009-09-21 21:21

Europe presses on bonuses

European officials renewed calls on the summit to curb bonuses paid to bankers. Massive payouts linked to risky investments are widely seen as a factor in the credit crisis.

Related readings:
Obama wants world economy reshape at G20 Browns says 5 urgent challenges for G20 summit
Obama wants world economy reshape at G20 G20 summit should keep global recovery continuing
Obama wants world economy reshape at G20 US pushes G20 to adopt sustainable growth polices
Obama wants world economy reshape at G20 Chinese President leaves for UN meetings, G20 summit

Obama wants world economy reshape at G20 G20 summit should keep global recovery continuing

German Finance Minister Peer Steinbrueck said he supported a Dutch proposal to limit banking executives' bonuses to the level of their fixed annual salary, the kind of idea that US officials, mindful of Wall Street's concerns, oppose.

German Chancellor Angela Merkel, who is seeking re-election next weekend, said on Saturday she was "thoroughly optimistic" that a deal could be done on reforming financial markets.

French President Nicolas Sarkozy has tempered his calls for bonus caps, possibly paving the way for a G20 deal tying payouts to bankers' long-term performance, not quick bets.

Steinbrueck, a member of the center-left Social Democrats, said he would press G20 countries to examine the idea of a global tax on financial transactions to curb excesses.

A US draft of the summit communique did not mention this plan, German magazine Der Spiegel said. But G20 sources said the idea would be discussed by leaders.

The European Union should impose limits on bankers' bonuses even if the United States does not, European Commission President Jose Manuel Barroso said on Sunday.

The United States is keen to show Europe that it is taking steps to rein in excesses in financial markets.

But the pace of US regulatory reform has been slow, hindered by opposition from a powerful banking lobby and the Obama administration's focus on healthcare reform.

Those delays could get longer still because the Senate's top legislator on financial regulation favors a more radical streamlining of bank supervisory agencies than the changes proposed by Obama.

The G20 leaders are due to discuss other issues in Pittsburgh, including climate change ahead of important United Nations negotiations on emissions levels in December.

The EU's Barroso will warn on Monday that the talks "are dangerously close to deadlock at the moment ... and the world cannot afford such a disastrous outcome," according to excerpts of a speech he will make in New York.

   Previous page 1 2 Next Page  

邢台市| 张家川| 平塘县| 边坝县| 青州市| 扶余县| 射阳县| 南平市| 米易县| 崇明县| 延边| 东山县| 铜川市| 平邑县| 萨迦县| 呼伦贝尔市| 莒南县| 天等县| 珲春市| 上林县| 霍林郭勒市| 清苑县| 龙川县| 楚雄市| 固始县| 克拉玛依市| 邢台县| 景洪市| 东丰县| 黄陵县| 长泰县| 顺昌县| 昭平县| 合山市| 普格县| 文昌市| 卓资县| 沙洋县| 资阳市| 阳信县| 拉孜县|