U.S. Treasury Secretary Timothy Geithner returns from an early morning run at the venue of the G20 Finance Ministers meeting in St. Andrews, Scotland Saturday Nov. 7, 2009. Rifts among the world's top financial ministers and central bankers from the Group of 20 rich and developing nations, are reported to be threatening attempts to secure future global growth and break a deadlock over the cost of fighting climate change. (AP Photo/Martin Cleaver)
ST. ANDREWS, Scotland (AP) — Finance officials from rich and developing countries have pledged to maintain emergency support for their economies until global recovery is assured.
Saturday's statement from the Group of 20 countries in Scotland says that economic and financial conditions have improved.
But the statement stresses that recovery is "uneven and remains dependent on policy support." High unemployment remains a major concern.
The G-20 finance ministers and central bankers also commit to take action to tackle the threat of climate change and work towards "an ambitious outcome" at a major UN conference in Copenhagen next month.
Officials are considering financial help for poorer countries to develop green technology.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.
ST. ANDREWS, Scotland (AP) — Finance officials from the rich and developing countries have pledged to maintain emergency support for their economies until global recovery is assured.
Saturday's statement at the end of a meeting of the Group of 20 countries in Scotland says that economic and financial conditions have improved.
But the statement stresses that recovery is "uneven and remains dependent on policy support." High unemployment remains a major concern.
The G-20 finance ministers and central bankers also commit to take action to tackle the threat of climate change and work towards "an ambitious outcome" at a major UN conference in Copenhagen next month.
Officials are considering financial help for poorer countries to develop green technology.
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If you're anywhere near Portland Or. on Dec. 5th, your attendance is requested: If yoy can't make this one, find one near you and attend. It's time to stop the behemoth of corporate control and destruction of our lives in the name of higher and higher profit margins.
D5: Mobilization Against the 2009 WTO Ministerial
Saturday, December 5th * Downtown Portland
12:00 Noon - Gather at Tom McCall Waterfront Park (under the Hawthorne Bridge)
1:00 pm - March to the World Trade Center, Federal Building and Wells Fargo Building
2:00 pm - Indoor Rally and Concert at Portland State University
As part of the global days of action against the new World Trade Organization (WTO) Ministerial, people from across Northwest will be converging in downtown Portland to speak out against the proposed expansion of failed "free trade" policies and to demand the prioritization of human needs over corporate greed.
That week, the World Trade Organization will be holding its largest negotiations on international trade and investment in many years. During the new WTO conference, government officials and corporate lobbyists will be promoting the expansion of business-as-usual trade policies as a solution to, rather than a cause of, the global economic and environmental crises. On their agenda is the expansion of pacts that would:
Cause further off shoring of Oregon jobs
Prohibit new banking regulations designed to prevent the next financial crisis
Force global warming policies to conform with restrictive commercial agreements
Expand agricultural practices that push small farmers off their land and force migration
Require countries to accept imported foods and consumer goods that fail to meet local safety standards
We need to fight back. This latest WTO Ministerial -- only the fourth in the past decade -- falls on the exact 10-year anniversary of the hugely-successful Seattle WTO protests. It is time to reclaim the "Spirit of Seattle," come together as affected communities and take control over the policy decisions that affect our economic and ecological well-being. As part of this resistance, a broad coalition of over 50 labor, environmental, faith, human rights and community organizations across Oregon are organizing a large-scale march and indoor rally in Portland for Saturday, December 5, 2009. Similar actions will be held that week in cities and towns throughout the globe.
Join the global movement saying "NO" to the WTO by participating in the "D5" march and rally. For information on buses and caravans, volunteer opportunities, educational events and other background items, please visit: www.december5.org
"Officials are considering financial help for poorer countries to develop green technology."
TRANSLATION: These jobs will all go to Indonesia, China, Thailand, Vietnam.......
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