Page A1 Headline: Job Losses Accelerate, Signaling Deeper Distress- Employers are moving to aggressively cut jobs and reduce costs to the face of the economic crisis, preparing for what many fear will be a long and painful recession.
Page A19 Howard Davies,director of the London School of Economics wrote: "If we do not allow China to participate in making the rules governing finance, how can we expect it to obey them?" - Ways to fix our financial architecture as the topic.
Page A8: Bush to host world leaders at Nov.15 economic summit:
The G-20 - representing two thirds of the world's population - including Argentina,Australia, Brazil, Canada, China,France,Germany India, Indonesia,Italy,Japan,Mexico,Russia,Saudi Arabia,South Africa,South Korea,Turkey,UK and US.The EU is represented by the rotating presidency of its council and the European Central Bank. The managing director of the IMF, the president of World Bank and other top officials of the two institutions also usually participate in G-20 meetings.
Francis Shieh a.k.a. Xie Shihao looking forward to witnessing the developments of such important meetings for resolving international financial crisis in the 21st century and beyond...
October 23, 2008 at 12.12 p.m.
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