Finance ministers pledge further action to restore global growth
Finance Ministers and Central Bank Governors from the G20 group of developed and emerging countries have pledged to cooperate on the 'sustained effort necessary to restore growth' at the end of their two-day meeting at Horsham in Southern England. The communiqué agreed by the meeting, an important milestone in the preparations for the London Summit on April 2, said the countries present would take whatever action was necessary, with restoring bank lending a key priority.
David Miliband quizzed by international journalists on the agenda for the London Summit
The UK Foreign Secretary has answered questions posed by leading journalists from Australia, South Africa, Spain and Turkey in a round-table discussion ahead of the London Summit. The discussion ranged widely over the role of the G20, the need for practical action, what could be done to help African countries and divisions over the agenda.
Youth reporters interview Sir Bob Geldof
In their own words and with footage filmed themselves, youth reporters from the UK will report and blog on the global issues and debates world leaders will be discussing at the London Summit. At the Department for International Development's Conference: Eliminating World Poverty, they began by interviewing Sir Bob Geldof, Foreign Secretary David Miliband, International Development Secretary Douglas Alexander and Chief Executive of Muslim Aid Saif Ahmad.
A simple proposal for a 'bad bank'
Martin Murenbeeld, chief economist of Dundee Wealth Economics in Canada, says governments must move swiftly to set up a 'bad bank' to buy all impaired financial assets that any financial institutions would like to sell - for 50 cents on the dollar. ‘Period: no questions asked and no debates'.
What is the London Summit?On the 2 April 2009 world leaders will gather in London to address the global financial crisis.
Mandelson meets a Dragon
UK Business Secretary Peter Mandelson tells entrepreneur and television 'Dragon, Theo Paphitis why the London Summit matters for small and medium-sized enterprises.