G20

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Surprise: G20 Had More Substance Than Hot Air
Surprise: G20 Had More Substance Than Hot Air
ANALYSIS
Apr 3, 2009 7:08 AM CDT

Surprise: G20 Had More Substance Than Hot Air

(Newser) - Unlike most economic summits, the G20 talks have delivered more than just a promise to talk some more in the future, Steven Pearlstein writes in the Washington Post. The meeting may not have been the turning point declared by President Obama, but the market-boosting measures agreed upon represent a more...

Brits Stunned Most by Queen in Feely Hugfest

Queen enchanted by 'coolest couple on the planet'

(Newser) - Even more astonishing to many Brits than Michelle Obama touching their queen is the fact that the queen reached out to the First Lady, reports the Daily Mail. The queen has never been spotted in public embracing a woman. Yet her arm edged behind Michelle's back as she remarked on...

French Cops Battle NATO Rioters

Violence follows G20 leaders to Strasbourg for NATO summit

(Newser) - French cops clashed violently with rioters in Strasbourg last night as G20 leaders prepared to head there for a NATO summit today. Hundreds were detained by police, who fired tear gas and rubber bullets at rampaging masked protesters, reports the BBC. Shop windows were smashed and cars and bus stops...

Dow Up 216, Flirts With 8,000
 Dow Up 216, Flirts With 8,000 
MARKETS
Apr 2, 2009 3:14 PM CDT

Dow Up 216, Flirts With 8,000

Financial sector celebrates relaxation of mark-to-market accounting rules

(Newser) - Stocks rallied today to a strong finish as global action to combat the financial crisis boosted confidence, the Wall Street Journal reports. The European Central Bank cut interest rates, and G20 tripled the lending budget of the International Monetary Fund to $750 billion. After going above 8,000, the Dow...

G20 Measures 'Necessary, But 'No Guarantees': Obama

(Newser) - President Obama touted the resolutions of the G20 summit today in London, saying swift and muscular action was needed to reverse the global economic downturn, the AP reports. Steps like the injection of funds into the IMF and the creation of a global regulatory body “were necessary,” he...

Queen-Michelle PDA A-OK: Royal Court

(Newser) - Michelle Obama’s hands-on encounter with Queen Elizabeth yesterday was not a breach of protocol, Buckingham Palace assures CNN. The two shared a surprising half-embrace, virtually unheard of from Her Highness. “It was a mutual and spontaneous display of affection and appreciation,” the Royal Press Office said. Besides,...

No 'First Wives Club' For Bruni
 No 'First Wives Club' For Bruni 
Apr 2, 2009 11:25 AM CDT

No 'First Wives Club' For Bruni

Carla snubs G20

(Newser) - There was a noticeable no-show at the “first wives club” meeting in London—and at the G20 in general. France's Carla Bruni, perhaps the world’s most glamorous first lady, has skipped the summit altogether, the Daily Mail reports—a move largely seen as a snub of British PM...

G20 Unveils $1T Plan to Boost Global Economy

(Newser) - The G20 leaders have agreed to a plan to pump $1 trillion into the world economy, British PM Gordon Brown announced today; the agreement will also tighten global financial regulation and crack down on secret tax havens. The plan calls for:
  • The money available to the International Monetary Fund to
...

G20 Should Bail Out the Poor: Kristof
 G20 Should Bail Out 
 the Poor: Kristof 
OPINION
Apr 2, 2009 10:03 AM CDT

G20 Should Bail Out the Poor: Kristof

(Newser) - While world leaders waste bicker, the global economic crisis hurts more than your 401(k), Nicholas Kristof writes in the New York Times. The crisis will cause another 22 children to die every hour in 2009—and that’s the World Bank’s best-case scenario. So it’s really discouraging when...

In the Shadows, Hillary's Power Grows
 In the Shadows, 
 Hillary's Power Grows 
ANALYSIS
Apr 2, 2009 6:31 AM CDT

In the Shadows, Hillary's Power Grows

Retiring secretary of state has won Obama's admiration

(Newser) - Hillary Clinton has kept a low profile at the G20 summit, ceding the spotlight to Barack Obama and Tim Geithner, and when she and the president travel to NATO summit and EU meetings over the next few days she may not utter a single word in public. But while the...

G20 Leaders Close to Deal
 G20 Leaders Close to Deal 
Apr 2, 2009 6:19 AM CDT

G20 Leaders Close to Deal

French, German demands for regulation are final sticking point

(Newser) - G20 leaders have nearly completed an agreement to confront the global financial crisis, reports the Times of London. Gordon Brown opened the summit by saying that the draft communique already prepared reflected "a high degree of consensus between us." The British PM said that the leaders needed to...

Obama, S. Korea Prez Warn North Over Missile Launch

He and Lee will have 'united' response if Pyongyang fires rocket

(Newser) - Barack Obama and South Korean counterpart Lee Myung-bak agreed today on the need for a "stern, united" international response if North Korea goes ahead with a planned rocket launch. The two presidents met before today's round of talks at the G20 summit in London. Yesterday Obama told Chinese president...

G20 Hopes Send World Stocks Soaring
 G20 Hopes Send 
 World Stocks Soaring 
MARKETS
Apr 2, 2009 4:50 AM CDT

G20 Hopes Send World Stocks Soaring

Hang Seng has best day in 4 months, Europe rallies

(Newser) - Asian stocks soared and European exchanges opened strong, reports the Wall Street Journal, as investors expressed optimism for a G20 deal and prepared for a probable 50-point rate cut by the European Central Bank. The Hang Seng in Hong Kong rocketed 7.4%, its best day in four months, while...

Activist Dies at G20 Protest
 Activist Dies at G20 Protest 
Apr 2, 2009 2:21 AM CDT

Activist Dies at G20 Protest

Cops say protesters pelted them with missiles as they tried to help man

(Newser) - A demonstrator died after collapsing inside a police barricade at the G20 protests in London last night, the Guardian reports. Medics and cops were pelted with missiles as they tried to move and resuscitate the man, who was pronounced dead in a local hospital, said officials. The man had been...

Geithner Predicts Big Things at G20

Confident Treasury chief expects 'global stimulus' plan

(Newser) - Treasury chief Tim Geithner made time in London for a series of TV interviews in which he expressed confidence that the global economy has turned the corner. He told Bloomberg that he sees "encouraging signs" of recovery and said policy makers at the G20 summit will make sure the...

No More Shoulder Rubs: Bush-Style Diplomacy Over

(Newser) - No soul-searching gazes or shoulder rubs on this trip. President Obama's initial foray into foreign relations stands in stark contrast to the style of George Bush, writes Jonathan Martin in Politico. Bush took the "chummy," "towel-snapping" route in his relations with foreign leaders. Obama, on the other...

G20 Protest Proves More Lark Than Bite
G20 Protest Proves More Lark Than Bite
analysis
Apr 1, 2009 3:51 PM CDT

G20 Protest Proves More Lark Than Bite

Some London violence, but festive, 'street party' atmosphere prevails

(Newser) - Several broken windows aside, the G20 protests are shaping up to be more street party than angry mob, Time reports. Unlike traditional, oft-violent British protests, this one is intended to be “a peaceful and fun street party,” organizers say. Indeed, while some anarchists chucked beer cans at cops,...

G20 Leaders Will Eat Well
 G20 Leaders Will Eat Well 
Apr 1, 2009 2:54 PM CDT

G20 Leaders Will Eat Well

But menu could represent some of the 'new Britain', chef says

(Newser) - President Obama and his fellow world leaders have their work cut out for them at the G20 summit tomorrow, but at least they won’t have to tackle the problems of global finance hungry. Star chef Jamie Oliver is planning a menu of organic Shetland salmon, Welsh lamb with mint,...

Obama Meets With Hu, Plans Visit to China

(Newser) - President Obama and Hu Jintao of China met today at the G20 summit in London and agreed to close cooperation on issues ranging from the economic crisis to global security, Time reports. Obama will travel to China later this year. Meanwhile, high-level representatives will meet in Washington during the summer...

G20 Protesters Vandalize Bank
 G20 Protesters Vandalize Bank 
Apr 1, 2009 9:27 AM CDT

G20 Protesters Vandalize Bank

Already fighting police, crowd turns to looting RBS

(Newser) - The violent crowd protesting the G20 summit in London has broken into a branch of the Royal Bank of Scotland, smashing windows and carrying computers and furniture out into the streets. Riot police attempted to keep the protesters away from the building and in containment pens in the City, but...

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