Archivio tag: Economy

Divisions loom over G20 gathering

World leaders including Barack Obama, the US president, will gather in London for final talks on the eve of a G20 summit dogged by divisions on how to tackle the economic crisis.

Obama’s stimulus approach to boost economic growth is facing stiff opposition from European and other governments.

Al Jazeera’s Matthew Moore reports.


Sony workers take boss hostage

Workers at the French arm of Sony prevented their chief executive from leaving the plant in the south west of the country, essentially locking him in overnight.

They then released him and other executives after apparently securing better redundancy terms.

Nazanine Moshiri reports


US tells China its bond investments are safe

The White House has reassured China that its hundreds of billions of dollars in US bond investments are safe, despite the global economic crisis.

Wen Jiabao, the Chinese prime minister, has called on Washington to ease worries about the security of those assets.

Al Jazeera’s Sebastian Walker reports.


US bankers’ face scrutiny over perks

Barack Obama, the US president, has said he fears there are more hard times ahead for the economy as the recession deepens.

But executives from big banks still get perks even after they received bailout funds.

Al Jazeera’s John Terrett reports from New York.