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Last Updated: Friday, May 8, 2009 12:50 PM

G20 Newslinks 7 May, 2009

Economic meltdown: Is G20 plan the answer?
The New Nation – Bangladesh
Is the G20 Plan for Recovery and Reform that emerged from the London Summit on 2 April 2009 the answer to the global economic crisis? …
nation.ittefaq.com/issues/2009/05/08/news0715.htm

Meanwhile, in the Rest of the World
New York Times – United States
The G-20 London summit meeting in early April promised to manage the recession so that economies do not deteriorate further. Let’s see if that proves to be …
economix.blogs.nytimes.com/2009/05/07
/meanwhile-in-the-rest-of-the-world/

G-20: Financial system needs better accounting standards
SmartBrief – Washington,DC,USA
The G-20 leaders’ communique called on “the accounting standard setters to work urgently with supervisors and regulators to improve standards on valuation …
www.smartbrief.com/news/ifrs/storyDetails.jsp?issueid=B7C9
D3D2-67BD-4A54-BB83-B54827C0E22E&copyid=A1EDA297-16
E3-4AC3-BE88-1CB937971E17

G20 plan is key turning point: Reserve Bank
Business Report – Johannesburg,South Africa
By Evan Pickworth Johannesburg – The South African Reserve Bank (Sarb) on Wednesday pinpointed the recent G20 Global Plan for Recovery and Reform as a key …
www.busrep.co.za/index.php?fSectionId=561&fArticleId=4968941

G20 hospitality bill ‘was ?500000'
The Press Association
UK taxpayers were left with a bill of around ?500000 for wining and dining the G20 leaders, their spouses and aides in London on April 2, …
www.google.com/hostednews/ukpress/article/
ALeqM5hwK5Zm52MWLDLsJ5EXNuBVDVUtqg

£500k – what it cost to feed (and water) G20 leaders
Independent – London,England,UK
By Michael Savage, Political Correspondent When the world’s most powerful leaders descended on London last month to tackle the economic crisis, …
www.independent.co.uk/news/world/politics/163500k-ndash
-what-it-cost-to-feed-and-water-g20-leaders-1680401.html

TAKE-A-LOOK: World stocks and oil gain on US jobs data
Reuters – USA
[ID:nN0289041] G20 summit final communique [ID:nL2577733] Key Obama financial regulation proposals [ID:nN26484944] US Treasury details toxic asset …
www.reuters.com/article/usDollarRpt/idUSN0668931320090506

Australian banks could face tougher global regualations on capital
The Australian – Sydney,Australia
… the G20 to require financial institutions to hold more capital, even though the domestic banking sector was in stronger shape than the US and Britain. …
www.theaustralian.news.com.au/business/
story/0,28124,25441828-36418,00.html

Three events to plan resistance
Workers World – USA
19 and 20, protests against the G20 Summit in New York City will offer activists the challenge of uniting and working together to organize the widest …
www.workers.org/2009/us/resistance_0521

Court says police can be challenged on ‘stop and search’ powers
guardian.co.uk – UK
… and that “the level of public concern at the policing of demonstrations is unprecedented, particularly following the recent events at the G20 protests”. …
www.guardian.co.uk/uk/2009/may/06/police-powers-stop-search

Me and My Mamiya: WAS PM STEPHEN HARPER IN THE LOO DURING PHOTO …
By Pam Pike
After days of pounding the drums on international television, talking up the healthy state of Canadian banks and making the case for a Canadian economic rebound, Harper became the talk of the G20 summit when he missed the official group …
meandmymamiya.blogspot.com/2009/05/
was-pm-stephen-harper-in-loo-during.html

ITWASSOOTED: Chaos by design?
By roscooler
During the February 2009 meeting in Berlin convened to prepare the G20 summit, this was echoed by Gordon Brown, who said that a worldwide New Deal was needed. We are conscious, he added, that where the world financial flows were …
itwassooted.blogspot.com/2009/05/chaos-by-design.html

PM welcomes Ghana President to Downing Street | Number10.gov.uk
By anon
The two leaders discussed the follow-up to the G20 Summit where the Prime Minister said that Britain and all other G20 countries remained committed to meeting their commitments to poorer countries. The Prime Minister and President also …
www.number10.gov.uk/Page19218

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