Word: summits
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...Walk a few blocks from the summit site, though, and the symbols of globalization quickly make way for gloom. Canning Town and Custom House, as the neighborhoods around the ExCel center are known, may have played spectator to the city's trade-driven growth, but they have seen little of its benefits. Dogged by poverty, poor health, and low education, both neighborhoods rank among the most deprived areas in Britain. Almost a fifth of the local working-age population receives welfare benefits. Half have no formal qualifications. For leaders of the world's most advanced economies, the area offers...
...tour. The press conference and a host of bilateral meetings and other gatherings have all been arranged for April Fools' Day - a quirk of scheduling imposed by the decision to hold a meeting of the G-20 on April 2, the only slot ahead of a two-day NATO summit, which the U.S. and other European leaders will also attend. But amid talk of a growing rift between continental Europeans on one side and the Anglo-American accord on the other, it seems that only an April Fool would believe there's any chance for tomorrow's meeting to produce...
...sensible financial planning ("Basing decisions around fear is not the right way to go"). He also said he loved the Queen - he and the First Lady will meet the monarch ahead of a grand get-together at Buckingham Palace for all G-20 leaders on the eve of the summit. "Michelle has really been thinking [the royal meeting] through," he quipped. (See pictures of Michelle Obama's fashion...
Syria's President Visits Israel DAMASCUS, Syria (AP) Fresh on the heels of a regional summit in Doha, where President Bashar al-Assad reaffirmed his support for resistance against Israel while expressing reservations about the Arab Peace Initiative, the Syrian president dropped a bombshell by embarking on an epoch-making visit to Tel Aviv Wednesday morning. "Nobody saw this coming," said Mark Burnes, a State Department analyst who monitors Syrian affairs. "We knew that they were close to a deal, but the Israelis didn't tell us how close."... Official sources say that earlier that same morning, [Israeli Prime Minister...
Protesters wanting to deliver a message to world leaders in London for this week's G-20 summit gathered outside the high walls of the Bank of England in the heart of London's financial quarter on Wednesday and demonstrated over everything from the meltdown in the financial system to the growing threat from climate change. Some people got a little too excited; after protesters broke windows at the nearby headquarters of the Royal Bank of Scotland - which recently needed a government bailout to avoid going under - one or two people looted the lender's computer equipment. A few dozen...