EU presidency says G-20 summit in Pittsburgh was 'a step forward'September 26th, 2009 EU presidency: G-20 summit was 'a step forward'STOCKHOLM — The EU presidency calls the Pittsburgh Group of 20 summit "a step forward," because world leaders agreed to restrict bankers' bonuses and introduce tougher financial market regulation. Swedish Premier Fredrik Reinfeldt and Finance Minister Anders Borg say the agreements struck at the summit of rich and developing nations "took the first steps toward a more sustainable financial system."
The key deals struck by the G-20 in Pittsburgh included tougher rules on bonus payments, improved regulation of the financial market as well as stricter supervision.
PM returns home after G20 summitSeptember 26th, 2009 NEW DELHI - Prime Minister Manmohan Singh returned here Sunday after attending the two-day G20 Summit in Pittsburgh, US.
The summit was hosted by US President Barack Obama in which developing countries like India were assured a greater say in the affairs of the global financial system.
83 people arrested, $50,000 in property damage done at protests of G-20 summit in PittsburghSeptember 25th, 2009 83 arrested at G-20 in Pittsburgh, $50K in damagePITTSBURGH — Pittsburgh public safety officials say 83 people were arrested at protests and other events during the Group of 20 summit and about $50,000 in property damage was done. Police say a man who smashed windows at a Citizens Bank branch in the city's Oakland section was responsible for $20,000 in damage.
India has a 'lot at stake' at G20 summitSeptember 25th, 2009 PITTSBURGH - A two-day summit of leaders of 20 leading global economies opened here amid calls by developing countries such as India to have a key role in restoring normalcy in the global financial system and overcoming the current economic downturn. While Prime Minister Manmohan Singh, who arrived here Thursday via Frankfurt, has already said India had much to offer in terms of finding a solution to the financial crisis, US President Barack Obama feels America alone cannot resolve all problems and there must be a global consensus.
Obama: G-20 protests in Pittsburgh were comparatively mildSeptember 25th, 2009 Obama: G-20 summit in Pittsburgh was fairly calmPITTSBURGH — President Barack Obama says the G-20 summit in Pittsburgh was relatively tranquil and protesters should realize that world leaders are trying to shape a global economy that helps poor people. Obama told reporters Friday that previous world summits drew far more protesters than the several thousand who clashed with police this week in Pittsburgh.
Obama meeting Friday with G-20 leaders at summit in PittsburghSeptember 25th, 2009 Obama spending day at G-20 summitWASHINGTON — President Barack Obama is spending the day in Pittsburgh, the site of the G-20 economic summit. The White House says the president will attend both morning and afternoon plenary sessions and will attend the G-20 leaders lunch.
Manmohan in Pittsburgh for G20 summitSeptember 24th, 2009 PITTSBURGH - Prime Minister Manmohan Singh arrived here Thursday for the G20 summit that will take stock of the state of the world economy following the year-long crisis and deliberate upon how to strengthen the global financial regulatory system. The summit is being hosted by President Barack Obama.
G20 leaders set for summit on financial crisis, regulationSeptember 24th, 2009 PITTSBURGH - As G20 leaders converged here for their third summit, a major consensus that has emerged is economies like India have a key role to play in restoring normalcy in the global financial system and to overcome the current economic downturn. While Prime Minister Manmohan Singh has already said India had much to offer in terms of finding a solution to the financial crisis, US President Barack Obama feels America alone cannot resolve all problems and there must be a global consensus.
Police disperse hundreds marching toward G-20 summit site in PittsburghSeptember 24th, 2009 Cops disperse hundreds of Pittsburgh G-20 marchersPITTSBURGH — Police are throwing canisters spewing smoke after ordering several hundred protesters to stop their march in opposition of the Group of 20 summit in Pittsburgh. The march does not have a city permit and police have declared it an unlawful assembly.
After diplomatic meetings in New York, Obama arrives in Pittsburgh to host summitSeptember 24th, 2009 Obama arrives in Pittsburgh to host summitPITTSBURGH — President Barack Obama has arrived in Pittsburgh for a summit with leaders of the world's major economies. One year after the global economic meltdown began, the leaders will hold talks Thursday and Friday to make sure a fledgling global recovery remains on track while laying down tougher rules for global financial institutions.
Countries taking part in the Group of 20 economic summit hosted by Obama in PittsburghSeptember 23rd, 2009 Countries represented at Pittsburgh summitPITTSBURGH — Countries taking part in the Group of 20 economic summit Thursday and Friday in Pittsburgh:
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, Britain and the United States. The European Union, represented by its rotating presidency and the European Central Bank, is the 20th member.
France optimistic that G-20 will strike agreement on bonuses at summitSeptember 11th, 2009 France sees chance for bonus restrictionsPARIS — French Finance Minister Christine Lagarde expressed optimism Friday that world leaders will agree to international rules on trader bonuses at this month's summit of rich and developed nations in Pittsburgh. In a preparatory meeting for Group of 20 summit, finance ministers last week agreed to curb hefty bankers' bonuses, but the proposed crackdown falls short of European demands after the U.S.
Pittsburgh approves permit for G-20 summit protest rally; considers public safety lawsAugust 21st, 2009 Pittsburgh approves permit for G-20 rallyPITTSBURGH — Pittsburgh has approved a permit for a protest rally the day before the Group of 20 economic summit and has picked two locations for protesters to gather when the world's economic leaders meet next month. Mayor Luke Ravenstahl isn't identifying the locations, saying details still must be worked out with the Secret Service.
Next G20 summit to be held in PittsburghMay 28th, 2009 WASHINGTON - The US city of Pittsburgh will host the next Group of 20 (G20) summit of the world's leading wealthy and developing nations to highlight the effects of the global recession on industry, the White House announced Thursday. Spokesman Robert Gibbs said the Sep 24-25 summit, which will be the third gathering of G20 leaders on the economic crisis since November, would "take stock" of the state of the struggling global economy and financial crisis.
Manmohan Singh meets Brown ahead of G20 summitApril 1st, 2009 LONDON - Prime Minister Dr. Manmohan Singh today met his British counterpart Gordon Brown in London at 10 Downing Street ahead of G20 summit.