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London Summit a 'vital opportunity' - Lula

British Prime Minister Gordon Brown (R) and Brazilian President Luiz Inacio Lula da Silva

Gordon Brown and President Luiz Inácio Lula da Silva of Brazil have agreed to support measures at the London Summit to stabilise economies, restore conditions for growth, avoid a retreat towards protectionism and set the course for a sustainable, low-carbon recovery. Their joint statement was issued in Brasilia on the first leg of the UK Prime Minister’s three-day visit to Latin America in preparation for next week’s summit.

Milestones on the road to the Summit

Agreement has now been reached on many of the steps that can help restore global economic growth through enhanced international coordination, and on further measures to be recommended to the leaders at the London Summit on 2 April.

World leaders must send a 'strong signal' of cooperation at Summit - Wang

Chinese Vice Premier Wang Qishan (Mark Wilson/Getty Images)China’s Vice-Premier, Wang Qishan, says that world leaders will be able to ‘prevail over this once-in-a-century financial crisis and embrace a better future’ as long as the international community works together. In an article published in The Times of London, he laid out China’s priorities for the 2 April Summit.

 

IMF help for well-run emerging market economies

International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn, March 23 2009. Getty imagesThe International Monetary Fund has announced plans to reform its lending rules,with changes that should make it more attractive for emerging marketcountries to seek IMF support. They include less rigid conditionsattached to releasing loans and a new line of credit that should appealto well-run emerging markets.




 

What is the London Summit?

On the 2 April 2009 world leaders will gather in London to address the global financial crisis.
 

Editors' blog

The importance of multi-stakeholder alliances

People gather to protest in London ahead of the G8 Summit in 2007. © Getty Images
In several European cities, pressure groups are planning events this weekend to highlight concerns over the impact of the global crisis. The UK Government has met regularly with such groups in preparing for the London Summit.