The U.N. talks are stalled on the future of Kyoto, which only caps rich country emissions. Developing countries want to extend the pact while most developed nations want to replace it.
Federal Reserve Chairman Ben Bernanke indicated the central bank is far from tightening monetary policy.
In approaching G-20 reforms being proposed by France, which holds the body’s rotating presidency, the BRICS can already point to China’s success in advancing a 6 percent shift in voting rights at the IMF that would give it the third-largest say in decision making after the U.S. and Japan.
Iceland faces more economic uncertainty and a drawn-out European court case after its voters rejected for a second time a plan to repay $5 billion to Britain and the Netherlands from a bank crash.
Foreign Banks Biggest Borrowers from Fed During Crisis | Most Bankers Decline Comments on Disclosure
Those programs also loaned tens of billions of dollars to each of the biggest U.S. banks, including JPMorgan Chase & Co. (JPM), Bank of America Corp., Citigroup Inc. and Morgan Stanley.