19 Feb '11, 2pm

The world's dominant economies have reached a compromise deal on how to track imbalances in the global economy

The world's dominant economies have reached a compromise deal on how to track imbalances in the global economy

The breakthrough was reached thanks to intense lobbying from Germany and France, the official said. -- PHOTO: REUTERS PARIS - THE world's dominant economies have reached a compromise deal on how to track imbalances in the global economy that have been blamed for exacerbating the financial crisis, officials from two of the countries in the Group of 20 rich and developing countries said on Saturday. G-20 finance ministers and central bank governors managed to get China to agree on a list of five yardsticks for imbalances, by softening the criteria for measuring current account surpluses. Interest payments for China's foreign currency reserves - the world's largest - will be excluded from the calculation of the current account balance, which measures trade and capital flows in and out of a country, an official said. That makes the indicator a mix between current account balan...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

Tweets

DTN Singapore: G-20 deal on economic indicators after China compromise: PARIS - THE G-20 countries overcame ini...

DTN Singapore: G-20 deal on economic indicators...

straitstimes.com 20 Feb '11, 12am

French Economy Minister Christine Lagarde (above), who chaired the talks, said the accord marked the 'first step' towards ...

G-20 strive to reach deal on economic stability...

straitstimes.com 19 Feb '11, 8am

PARIS - G-20 NATIONS sought to reach a deal on Saturday on a set of agreed indicators to measure the economic health of na...

Thai politicians use social media to reach out ...

todayonline.com 18 Feb '11, 10pm

Thai politicians are using spiking Internet penetration rates to reach out to voters. According to the National Electronic...

Married couples who constantly touch each other (non-sexually) will reduce their stress levels. Late dinners help, too.

Married couples who constantly touch each other...

menshealth.com.sg 16 Feb '11, 3am

Write down a few things you know your partner likes, and set a reminder on your smartphone to do one of those things each ...

Harris Books Coupon Deal: Get an instant 20% off storewide! Shop now at Harris 313@Somerset…

Harris Books Coupon Deal: Get an instant 20% of...

greatdeals.com.sg 21 Feb '11, 12am

Are you a shopaholic with a burning desire to share what you know? Look no further, simply apply to become a freelance GDS...