1. NEWS FILE
(08/11/10 - 14/11/10)
Prabhjot Kaur
MBA-2IB

2. US, China relationship stronger:
Obama
 Obama said that as two of the world's leading economies
both US and China have a special obligation to deal with
ensuring strong balance and sustained growth.
 Chinese President Hu Jintao pledged to increase dialogue
and cooperation with the United States, following a rocky
period of trade and currency disputes between the two
nations.

3. G20 agrees tougher
financial regulations, vows
to avoid currency war
 G20 leaders vowed to
move towards market-
determined exchange
rates and shun
competitive
devaluations.

4. Obama: Fed action not designed
to weaken dollar
 President Barack Obama on Friday disputed
claims the US was deliberately weakening the
dollar, while accusing China of manipulating
its yuan.

5. Nissan to recall 604,500
vehicles in North America
 Nissan Motor Company announced a
voluntary safety recall of 604,500 units of
three vehicle models sold in the US, Canada
and Mexico due to glitches.

6. G20 unites to fight economic
tensions
 World leaders said they would work to tackle
global economic “tensions & vulnerabilities”
that have raised fears of currency wars &
trade protectionism.

7. Chinese leader vows open trade,
stable currency
 Chinese President Hu Jintao said Saturday
that his country will keep its markets open
and seek more balanced trade, while
gradually adjusting the value of its currency.

8. Global economic recovery
uncertain: China
 Chinese President Hu Jintao said on Sunday
significant uncertainties remain about a
global economic recovery and warned that
trade protectionism had "risen notably".

9. THANK YOU…