Geithner says G-20 nations broadly support US plan to promote more balanced growth

September 24th, 2009 Geithner says financial flaws must be correctedPITTSBURGH — Treasury Secretary Timothy Geithner says he is seeing encouraging signs of a global economic rebound but the world still has a way to go to emerge from the severe recession. Geithner says that the United States is not going to walk away from the greatest crisis since the Great Depression and not reform the flaws in the financial system that triggered the crisis.

September 24th, 2009 Geithner: US wants bigger role for China in IMFPITTSBURGH — Treasury Secretary Timothy Geithner says the U.S. supports China's bid for greater voting rights in international organizations like the IMF and the World Bank for itself and other fast-growing economies despite European reservations.

September 22nd, 2009 Obama seeks G-20 support to repair global economyWASHINGTON — President Barack Obama says he is determined to go after the "reckless risk-taking" that pushed the global economy into the worst financial crisis since the 1930s, and he is also pushing for countries to promote more balanced growth going forward. He is getting support for his efforts from other leaders, although significant differences remain as Obama prepares to serve as host for a Group of 20 meeting of the world's leading economies on Thursday and Friday in Pittsburgh.

September 2nd, 2009 Geithner says global economy still needs stimulusWASHINGTON — Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to pull the global economy "back from the abyss." But countries must continue to provide sizable amounts of support until there are clearer signs of recovery to avoid a classic mistake countries have made in past recessions, he said. Geithner said he would stress that point in meetings of financial ministers in London that start Friday.

August 2nd, 2009 Geithner: Consensus is for growth later this yearWASHINGTON — Treasury Secretary Timothy Geithner (GYT'-nur) says the economy is expected to grow later this year and unemployment could ease in the second half of 2010. He's citing the general view of private economists for his forecasts.

July 28th, 2009 Geithner says US and China seeking stabilityWASHINGTON — Treasury Secretary Timonthy Geithner (GUYT'-nur) says the United States and China are committed to building a more stable and balanced global economy. Geithner said in prepared remarks Tuesday that the two countries were determined to lay a foundation for more balanced growth once an economic recovery is firmly in place.

July 23rd, 2009 BEIJING - China Thursday unveiled a plan to promote ethnic cultures that would pave the way for equitable development in the country, officials said. The decision by the State Council is to ensure greater protection for different minority groups' cultures which would be developed by 2020.

July 16th, 2009 Geithner, French discuss stimulusPARIS — U.S. Treasury Secretary Timothy Geithner is discussing economic stimulus plans with French officials in talks that also touch on the question of sanction againt Iran.

July 10th, 2009 Geithner: Stimulus on 'expected path'WASHINGTON — Treasury Secretary Timothy Geithner says the administration's plan to stimulate the economy by spending billions on construction and other local projects is on the "expected path." Geithner defended the stimulus plan Friday after Florida Republican Rep. Bill Posey asked where the government's plan went wrong, because unemployment remains high.

June 18th, 2009 Geithner defends plan to step up oversightWASHINGTON — Treasury Secretary Timothy Geithner says it is clear that the government could have done more to prevent the economic downfall. In prepared testimony, Geithner says that gaps and weaknesses in the regulatory framework governing banks and other financial institutions "presented challenges" to the government's ability to monitor and address risky market bets.

June 18th, 2009 Lawmakers wonder if Fed is best mega-regulatorWASHINGTON — Senior lawmakers are questioning the Obama administration's plan to task the Federal Reserve with monitoring firms deemed so big and influential that their demise could hurt the economy. Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, sharply questioned Treasury Secretary Timothy Geithner on the proposal, which he says represents a "grossly inflated view" of the Fed's expertise.

June 1st, 2009 Geithner says Obama will bring down deficitsBEIJING — Treasury Secretary Timothy Geithner sought to assure America's biggest creditors on Monday that the Obama administration is committed to attacking soaring budget deficits. Facing skeptical students at China's prestigious Peking University, Geithner said that once the current recession and financial crisis are over, the administration will get America's fiscal deficit in order.

May 31st, 2009 Geithner sees hopeful signs in US economyBEIJING — U.S. Treasury Secretary Timothy Geithner says the U.S.

April 26th, 2009 Geithner says crisis threatens work on povertyWASHINGTON — The global economic crisis threatens to reverse gains in fighting poverty, so banks that provide aid to poor nations must embrace changes in their operations, Treasury Secretary Timothy Geithner said Sunday. Those development banks are at the forefront of efforts to eradicate poverty and promote sustainable growth, he said the World Bank's policy-setting board.

February 14th, 2009 ROME - Finance ministers and central bankers from the Group of Seven (G7) most-industrialized nations ended talks Saturday with a pledge to re-establish confidence in the stricken global financial system and to stimulate a worldwide economic recovery. A concluding statement after the gathering in Rome also renewed a commitment to avoid protectionist measures.