'Iran has revealed existence of second enrichment plant'
Iran has revealed the existence of a secret uranium-enrichment plant, officials told The Associated Press Friday, a development that could heighten fears about Iran's ability to produce a nuclear weapon and escalate its diplomatic confrontation with the West. The New York Times reported that US President Barack Obama and the leaders of France and Britain had been planning to charge Iran with constructing the facility in an announcement in Pittsburgh before the opening of the G-20 economic summit.
US May Face 'Armageddon' If China, Japan Don't Buy Debt
The US is too dependent on Japan and China buying up the country's debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC.
SNAP ANALYSIS: New world economic order takes shape at G20
The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.
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