In a wide-ranging and rambling speech during a luncheon at the G20 Business summit in Seoul, Korea, Germany’s chancellor Angela Merkel called for a “sensible” exit strategy from the global credit crisis.
The president of South Korea, Lee Myung-bak, has called for more corporate investment into Africa and other poverty-stricken regions of the world, as part of a comprehensive program to encourage the private sector to spur sustained global economic growth.
The Group of 20 (G20) leaders in Seoul could not thrash out any agreement on contentious forex and currency issues though talks ran through past midnight on Wednesday, said a spokesman at the summit media hall on Thursday morning.
One of the greatest challenges facing the developing world lies with their limited access to quality healthcare, a situation that threatens to jeopardize or undermine economic growth in these nations.
Former President Jimmy Carter procured the release of 31-year-old American English teacher, Ajilon Gomes, from imprisonment in North Korea. Carter and Gomes left Pyongyang, North Korea, yesterday and Gomes is expected to be reunited with his mother and other family members in Boston today.
At a time when Chinese power plants are notorious polluters, Yingli Green Energy, a Chinese solar panel maker, has become an completely integrated manufacturer selling green energy worldwide.