Tens of thousands of people demonstrate outside the Bank of England in central London, calling for action on poverty, climate change and jobs ahead of the G-20 summit. ANDY RAIN, EPAG-20 Leaders Eye More IMF Funds, Tighter Rules -- Yahoo News/AP
LONDON – Leaders from around the globe made headway Thursday on tackling the world's worst financial crisis since the 1930s, with signs of agreements to give more money to the International Monetary Fund, clamp down on tax havens and tighten regulation over freewheeling hedge funds.
A British official said the Group of 20 rich and developing countries would likely approve giving more than $500 billion to the IMF so it can increase its loans to governments struggling because of the financial crisis. The official spoke on condition of anonymity because talks were ongoing.
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More News On The G20
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G20 To Raise IMF Funding By $1 Tln -- Wall Street Journal
G20 to up IMF resources by $500 billion -- Reuters
Global Leaders Meeting to Resolve Rift on Economic Plan -- New York Times
IMF launches fund to combat money laundering and terrorism -- Economics Time
SUMMIT-UPDATE 1-G20 to up IMF resources by $500 bln -sources -- Reuters
Russia proposes study on world currencies -- Reuters
G-20 leaders dine in London, across a great divide -- L.A. Times
Police Patrol in Force as G-20 Starts -- New York Times