Word: summiteering
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...crisis summit" looks like it will turn into a crisis all its own. For the weeks leading up to the meeting there has been hope that the nations who will attend would be able to create a united approach to pull the world out of a recession that, by some estimates, could cost 50 million jobs across the globe. But, there will be no unity of programs and each country coming to the gathering may well end up taking a different approach to making their own economies, and by extension, a part of the world economy, much better...
...rehashed in London, the question is whether the financial world has changed enough during the two months since the G-20 gathering was planned for the major premises of the either side of the debate to have been altered. (See TIME's special package on The G-20 summit...
...original concern of the leaders who will come to the summit is that a lack of regulation was the root cause of the financial and credit catastrophe that ruined the international banking system. Leaving aside whether regulation can, in and of itself, make the financial markets less risky, increasing the power of regulatory bodies costs almost nothing in terms of creating new laws and staffing oversight agencies. There should be very little argument on that point. Every nation coming to the G-20 summit can afford to further regulate its banks and financial markets. However, there has been little time...
...TIME's special package on The G-20 summit...
...were sending text messages from their cell phones, according to other passengers. The men were bikies from two of Australia's most feared gangs - the Comancheros and the Hells Angels, both of which had been in the southern city of Melbourne attending, ironically enough, a so-called peace summit...