G-20 financial officials meet in Mexico to discuss European, US debt

AP, 11/04/2012

Finance ministers and central bank governors from the world’s leading  economies met in Mexico on Sunday amid growing fears over the global impact of  Europe’s debt crisis and the stalemate over a fiscal plan in the United  States. The two-day meeting of G-20 financial officials in Mexico City, coming just  ahead of U.S. elections and shortly after the annual IMF and World Bank meeting  in Tokyo, lacked key players such as U.S. Treasury Secretary Timothy Geithner  and Brazilian finance chief Guido Mantega

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China / Politics Chinese, Mexican presidents meet on bilateral ties

China Daily-USA, 6/18/2012

For his part, Calderon said Mexico attaches importance to China’s propositions and role in the G20. He wished to cooperate with China to ensure that the G20 summit will make progress on promoting strong, sustainable and balanced economic growth and advancing reform of the international financial system.

Calderon also expressed his readiness to work with China to safeguard the interests of developing countries and emerging economies.

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Mexico to push for more IMF funding at G20 summit

Bloomberg Business Week, 6/12/2012

President Calderon

Mexico will use the impending G-20 summit to push the world’s largest economies to increase the resources of the International Monetary Fund and build confidence in the fund’s ability to help European countries shaken by financial crisis, President Felipe Calderon said Tuesday.

“Mexico is seeking the adoption of a plan of integrated, comprehensive, long-term action that will go include, and go beyond, measures to confront and resolve the European crisis,” Calderon said.

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Mexico and the G-20

On May 1st, the Mexico Institute hosted a discussion on the G-20 and its relevance for Mexico and the world economy. The event took place at the Woodrow Wilson International Center for Scholars.

The group of distinguished panelists was comprised of: Gerardo Rodríguez Regordosa (Undersecretary of Mexico’s Ministry of Finance and Public Credit), Mark Sobel (Deputy Assistant Secretary for International Monetary and Financial Policy, US Department of the Treasury), Arturo Sarukhan (Mexican Ambassador to the United States and Mexico Institute, Advisory Board Member), Andrés Rozental (Mexico Institute, Advisory Board Member, President, Rozental & Asociados, Non-Resident Senior Fellow, Brookings Institution), Colin I. Bradford (Nonresident Senior Fellow, Global Economy and Development), and John W. Sewell (Senior Scholar, Author; Former President of the Overseas Development Council (ODC))

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Mexico sees good progress on G20 IMF funding

Reuters, 4/18/12

Promises by countries including Japan and Sweden to boost funding to the International Monetary Fund show good progress towards a Group of 20 deal, Mexican Finance Minister Jose Antonio Meade said on Wednesday.

Meade will chair meetings of the bloc of advanced and developing nations in Washington on Friday where policymakers will discuss boosting the IMF’s financial firepower, an issue that has taken on fresh urgency given a jump in borrowing costs in Spain and Italy this week.

Japan, Sweden and Denmark have already committed a total of $77 billion to help contain the euro zone’s debt crisis and Meade said this was a positive sign for Friday’s talks.

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Mexico, Argentina top G20 low-carbon shift -study

climate-change-2Reuters, 9/13/09

LONDON, Sept 13 (Reuters) – Mexico and Argentina are leading a shift to make the global economy more climate friendly, according to an index of “carbon competitiveness”, the London-based thinktank E3G said on Sunday.

G20 leaders meet at a summit on Sept 24-25 in Pittsburgh to help steer the global economy out of recession, and will also discuss ways to finance the fight against climate change.

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Sarkozy Visits Mexico to Prepare G-20 Response to Global Crisis

Bloomberg, 3/9/2009

French President Nicolas Sarkozy is making his first state visit to Mexico to help prepare the Group of 20 most industrial nations’s response to the global economic crisis and oversee bilateral agreements with companies such as Thales SA and Sanofi-Aventis SA. France’s 2.2 billion euros ($2.8 billion) in exports to Mexico last year lagged behind those of Germany, Spain and Italy. Sarkozy and Calderon will also discuss measures the G-20 will propose at an April 2 summit to increase financial supervision and regulation to shore up the banking system and stem the global recession.

France’s security and defense company Thales will sign today a contract with Mexico City to develop a video-surveillance network aimed at curbing gang violence. Thales will jointly build the close-circuit television (CCTV) system with billionaire Carlos Slim’s Telmex Internacional SAB, according to French newspaper Le Monde.

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