U.K. Brown's Plan For A Global New Deal Is Dead

Demonstrators take part in the 'Put People First' march in London Photo: GETTY IMAGES

Brown Snubbed Over Tax -- Times Online

Germans wreck ‘global new deal’

GORDON BROWN’S carefully laid plans for a G20 deal on worldwide tax cuts have been scuppered by an eve-of-summit ambush by European leaders.

Angela Merkel, the German chancellor, last night led the assault on the prime minister’s “global new deal” for a $2 trillion-plus fiscal stimulus to end the recession.

“I will not let anyone tell me that we must spend more money,” she said.

The Spanish finance minister, Pedro Solbes, also dismissed new cash being pledged at Thursday’s London summit.

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More News On The Incoming G20 Meeting

G20 summit: blow for Gordon Brown as £1.4 trillion spending blueprint is leaked -- The Telegraph
G20 marches begin week of protests in Europe -- Reuters
Thousands Rally Ahead of G-20 -- Wall Street Journal
Thousands March in London G20 Protest -- Associated Press
Obama Will Face a Defiant World on Foreign Visit -- New York Times
No Givens As Obama Steps Onto World Stage -- Washington Post
Obama's Star Status Faces Test Abroad -- Washington Times
Leaders stress need for G20 unity -- BBC

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