G20 leaders warned of potentially violent demonstrations
As we approach 2 April and the G20 conference in London there are signs that significant demonstrations are planned to coincide with the event. As countries around the world continue to see their economies come under serious pressure many people are now looking towards the G20 for answers. So what exactly can we expect from this meeting of the world's elite governments?
In the recent past we have seen green issues and global warming very much at the forefront of the G20 discussions although this year is certain to be dominated by the ongoing economic downturn. While the likes of America, the UK and other leading economies around the world are suffering great hardship we are starting to see the collapse of smaller economies in the former Eastern bloc for example. While members of the G20 continue to try and refloat their own economies they will be under increasing pressure to provide extra finance to other countries.
Historically the G20 has been long on words and short on action and many people expect no change this year. Curtain calls, photographs on the front lawn and handshakes aplenty will dominate the financial press over the next few weeks but the proof is in the pudding and we have yet to taste anything from the last of the G20 meetings. Do not hold your breath!
Share this..
Related stories
MP’s call for HMRC to take action over tax avoiders
18/11/2014 MP’s have criticised HM Revenue & Customs (HMRC) for not acting quickly enough when it comes to action against tax avoiders. The Public Accounts Committee believes the HMRC is taking “unacceptably slow” action, and believe they “must do more, faster”. They are calling for HMRC to take a more active role in preventing tax avoidance schemes, as it comes to light that up...
Read MoreThe Bank of England set to explain quantitative easing to the public
Charlie Bean, deputy governor of the Bank of England, will this week embark upon a whistlestop tour of the UK during which time he will seek to explain the intricacies of quantitative easing and other financial strategies used by the Bank of England. The headlines, in relation to quantitative easing, have contained figures such as £125 billion and given the impression that money is being created...
Read MoreWhen will the UK government tackle the increasing budget deficit?
Over the last few days we have seen a number of prominent financial parties in the UK go public on their criticism of the UK government and its handling of the growing budget deficit. Currently standing at around £175 billion for the tax year 2009/10 there is every chance that this figure could actually increase over the next few months. The UK government has yet to put forward a detailed plan of...
Read MoreIs the UK government passing the regulatory buck?
Despite the fact that the Bank of England has been central to the UK regulatory system for hundreds of years it is noticeable that in today's White Paper regarding regulatory changes in the UK there were no new powers for the bank. Instead the UK government has chosen to increase the stature and power of the FSA (Financial Services Authority) amid accusations that the government has more power and...
Read MoreLookers issue downbeat statement on the UK car industry
Despite yesterday's announcement from Pendragon that the company believes the mountain of unsold cars in the UK is nearly clear, fellow car dealership Lookers has today issued a statement which is a little more conservative to say the least.
While the company recognises that the UK government's £300 million car scrappage scheme has gone a long way to injecting interest into the sec...