UNITED STATES

Highlights: G20, IMF/World Bank meetings in Washington

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The following are highlights of comments by finance ministers and central bankers in Washington this week for a meeting of the Group of 20 and the semiannual meetings of the International Monetary Fund and World Bank.

Euro, S&P futures firm on G20; Asian stocks weak

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The euro rose briefly early on Friday on talk of a G20 emergency statement to address the euro zone crisis, but the prospect of a global recession kept Asian stocks firmly on track for their worst weekly drop since November 2008.
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Lawmakers tell FCC to protect GPS from Falcone

Two Republican lawmakers urged the top U.S. communications regulator to resist political pressure for allowing broadband start-up LightSquared to deploy a network that could interfere with the global positioning system.
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Republican Debate Live Blog: 9 Presidential Candidates Gather in Orlando

The Republican presidential candidates are debating once again Thursday night, this time in Orlando, Fla. The participants are Michele Bachmann, Herman Cain, Newt Gingrich, Jon Huntsman, Gary Johnson, Ron Paul, Rick Perry, Mitt Romney and Rick Santorum. Stay on this page for live updates.
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Australia Economy: Why Some Retailers Are Doing It Tough

Two significant speeches from senior Reserve Bank officials in the past day or so have added to the arguments and view the central bank has about the current state and direction of the Australian economy, which appeared in this week's minutes of the September 6 RBA board meeting.
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Clearwire talks capacity with AT&T, Verizon, others

Clearwire Corp is in talks with U.S. wireless operators, including AT&T Inc and Verizon Wireless, about selling network capacity while it also eyes raising new funding through equity, debt and vendor financing, according to top company executives.
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Exclusive: Watchdog backs down on commodities rules

The U.S. futures regulator has yielded on several contentious parts of a plan to crack down on commodity speculation, marking a modest victory for banks and traders who have lobbied to limit increased market oversight.
Lawrence Russell Brewer Last Meal

Texas Eliminates Last Meal for Death Row Inmates

The Texas Department of Criminal Justice decided on Thursday to eliminate the last-meal practice, in which death-row inmates were allowed to order a special meal before being taken to the execution chamber.
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World Bank chief warns of spreading crisis

Protectionism and populist policies in the developing world could rise as countries face increasing head winds from a growing European sovereign debt crisis and a weakening economic recovery in the United States, World Bank President Robert Zoellick said on Thursday.
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Harvard to fund triple-net lease venture: source

Harvard University's endowment is the main investor in a venture that could buy more than $1 billion of triple-net leased property, a form of investment that offers higher yields and relative stability at a time of financial market volatility, a source familiar with the deal said.
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Geithner certain euro zone will boost bailout fund

Treasury Secretary Timothy Geithner said on Thursday he was sure Europe would boost the firepower of its bailout fund to contain the debt crisis as pressure on Europe grew to act decisively to calm markets.
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Commodity Investors Head for Exits

Commodity investors fled for the exits on Thursday in a panic over raw materials demand, unconvinced that Federal Reserve action will stem a global economic slowdown that shows signs of infecting China and Germany.
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Goldman's Tourre seeks appeal in SEC fraud case

Lawyers for the only Goldman Sachs employee charged over the Abacus subprime mortgage transaction have asked a judge for permission to appeal one of the legal claims U.S. securities regulators brought against him.

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