Wednesday, April 1, 2009

The G20 -- News Updates For April 1, 2009

U.S. President Barack Obama, right, shake hands with Britain's Prime Minister Gordon Brown, at the Foreign and Commonwealth Office in London Wednesday, April 1, 2009, after a joint news conference. President Obama sought Wednesday to rally the world's top and emerging powers to help cope with a global economic downturn, saying, 'We can only meet this challenge together.' (AP Photo/Chris Harris, Pool)

Obama, Brown Predict G20 Deal To Fight Recession -- Yahoo News/AP

LONDON – Doggedly optimistic in the face of doubts, President Barack Obama and British Prime Minister Gordon Brown predicted Thursday's emergency G-20 economic summit would produce a significant global deal to tackle the deepening worldwide recession.

Others weren't so sure. France warned on Wednesday that neither it nor Germany would agree to "false compromises" that soft-pedal a need for tougher financial regulation to curb abuses that contributed to the spreading chaos. And outside the carefully scripted meetings, protesters smashed bank windows and pelted police with eggs and fruit.

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More News On The G20

HIGHLIGHTS - G20 Summit draft communique -- Reuters
Obama and Brown Urge United Action on World Economy -- New York Times
G20 leaders get down to business -- BBC
G20 to regulate big hedge funds: draft communique -- Reuters
G20 summit needs to focus its energy on four pressing priorities -- Financial Times
Leaders wrangle on rescue measures -- China Daily
SUMMIT-China's Hu urges G20 governments to boost economies -- Reuters
France, Germany Call for More Regulation Ahead of G20 Summit -- Washington Post
Sarkozy says France and Germany not happy with G20 draft -- Reuters
G20: Japan PM Vows To Take Steps To Prop Up Asia Economies -- Wall Street Journal
Japan to pledge $22 billion trade support, aid to Asia -- Reuters
The G-20's Hidden Issue: A Global Trade Imbalance -- Time Magazine
G20 protester dies after day of violence when Royal Bank was prime target -- Scotsman
Man Dies During G20 Protests, After Bank Stormed -- FOX News
I fear global collapse -- The Guardian commentary

2 comments:

  1. I wonder what these meetings achieved in the past? Like some real results. There must be some, only I can't remember any, funny enough.

    Anybody?

    Jay

    ReplyDelete
  2. War News Updates EditorApril 2, 2009 at 9:21 AM

    They will achieve nothing. But it is an excuse for some guys and a lady or two to get together.

    ReplyDelete