From M K Razdan | London, Apr 1 (PTI) Looking for supply of "oxygen of confidence" to the battered global economy, divided leaders of world's top 20 rich and emerging economies will meet here tomorrow with India calling for a more concerted effort to deal with the crisis and warning that the world would go into a downward spiral if "we give in to protectionist pressures".
US President Barack Obama, who will be at the centrestage when Prime Minister Manmohan Singh and other leaders gather at London Docklands amidst massive security, today sought to rally the participants by stating that the challenge can be met together and dismissing reports of divisions among them as "vastly overstated".
Obama's optimism, however, flew in the face of sharp differences highlighted by the tough stand taken by France and Germany on some of the key issues with French President Nicolas Sarkozy insisting today that the Summit should agree to crack down on tax havens and evolve a tough new regulatory mechanism on global finance.
Sarkozy claimed endorsement for this stand from German Chancellor Angela Merkel with whom he had spoken. PTI
PM, Obama concerned over growing terror hold in Pak, Afghan
M K Razdan
London, Apr 1 (PTI) Setting the tone for their first meeting, US President Barack Obama and Prime Minister Manmohan Singh today voiced deep concern over the growing hold of terrorist elements in Pakistan and Afghanistan with the Indian leadership getting increasingly worried over the dangerous situation in its neighbourhood.
Singh, who will meet the new American leader here tomorrow immediately after the conclusion of the G-20 summit, said that "the epicentre of terrorism" was in Pakistan and "the world community has to come to grips with this harsh reality".
While he had not studied Obama's recently-announced strategy to stabilise Afghanistan and Pakistan, now known as "AfPak" plan, Singh expressed the hope that "whatever the world community plans to do they will pay adequate attention that terrorism ceases to be a problem in Afghanistan as well as Pakistan." The Prime Minister's remarks come in the backdrop of the audacious terror strikes in Lahore during the past one month, including Monday's attack on a police training school, about 15 km from the border with India, which is now deeply concerned at the "really dangerous situation" so close to it.
Recognising that terrorists were making frontal attacks on the security forces, India has stepped up its vigil. PTI
Clashes, arrests mark first day of G-20 protests
Prasun Sonwalkar
London, Apr 1 (PTI) Angry protestors clashed with police, stormed into a Royal Bank of Scotland branch and smashed its windowpanes today as thousands converged here to vent anger over economic meltdown and climate change on the eve of the G-20 Summit that brings top world leaders, including Prime Minister Manmohan Singh, together.
The RBS is one of the beleaguered banks that has been rescued by millions of pounds of state funds. Protestors also demonstrated before the Bank of England in thousands, raising slogans such as 'Swindlers List', 'Financial Fool's Day' and 'Storm the Banks'.
A security officer was injured when a protestor hit him with a large pole, while at least eight people were arrested in various parts of London. No serious injuries were reported.
The protests were mainly prompted by anger at bankers' role in the global economic meltdown, resulting in job cuts and major losses in value of savings and pensions. Protests were also held outside the US embassy against the Iraq war.
Some protestors stormed into the RBS branch and smashed windowpanes while others spray-painted "class war" and "thieves" on the side of the building. Central London was jammed as protstors swelled in numbers.
The largest demonstration was held outside the Bank of England, where four protest marches converged.
A group of officers was forced to retreat behind metal crowd barriers outside the bank, apparently because of the crush of the crowd in front of them. PTI
.::. All my articles can be view here: MELTED HEARTS .::.
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US President Barack Obama, who will be at the centrestage when Prime Minister Manmohan Singh and other leaders gather at London Docklands amidst massive security, today sought to rally the participants by stating that the challenge can be met together and dismissing reports of divisions among them as "vastly overstated".
Obama's optimism, however, flew in the face of sharp differences highlighted by the tough stand taken by France and Germany on some of the key issues with French President Nicolas Sarkozy insisting today that the Summit should agree to crack down on tax havens and evolve a tough new regulatory mechanism on global finance.
Sarkozy claimed endorsement for this stand from German Chancellor Angela Merkel with whom he had spoken. PTI
PM, Obama concerned over growing terror hold in Pak, Afghan
M K Razdan
London, Apr 1 (PTI) Setting the tone for their first meeting, US President Barack Obama and Prime Minister Manmohan Singh today voiced deep concern over the growing hold of terrorist elements in Pakistan and Afghanistan with the Indian leadership getting increasingly worried over the dangerous situation in its neighbourhood.
Singh, who will meet the new American leader here tomorrow immediately after the conclusion of the G-20 summit, said that "the epicentre of terrorism" was in Pakistan and "the world community has to come to grips with this harsh reality".
While he had not studied Obama's recently-announced strategy to stabilise Afghanistan and Pakistan, now known as "AfPak" plan, Singh expressed the hope that "whatever the world community plans to do they will pay adequate attention that terrorism ceases to be a problem in Afghanistan as well as Pakistan." The Prime Minister's remarks come in the backdrop of the audacious terror strikes in Lahore during the past one month, including Monday's attack on a police training school, about 15 km from the border with India, which is now deeply concerned at the "really dangerous situation" so close to it.
Recognising that terrorists were making frontal attacks on the security forces, India has stepped up its vigil. PTI
Clashes, arrests mark first day of G-20 protests
Prasun Sonwalkar
London, Apr 1 (PTI) Angry protestors clashed with police, stormed into a Royal Bank of Scotland branch and smashed its windowpanes today as thousands converged here to vent anger over economic meltdown and climate change on the eve of the G-20 Summit that brings top world leaders, including Prime Minister Manmohan Singh, together.
The RBS is one of the beleaguered banks that has been rescued by millions of pounds of state funds. Protestors also demonstrated before the Bank of England in thousands, raising slogans such as 'Swindlers List', 'Financial Fool's Day' and 'Storm the Banks'.
A security officer was injured when a protestor hit him with a large pole, while at least eight people were arrested in various parts of London. No serious injuries were reported.
The protests were mainly prompted by anger at bankers' role in the global economic meltdown, resulting in job cuts and major losses in value of savings and pensions. Protests were also held outside the US embassy against the Iraq war.
Some protestors stormed into the RBS branch and smashed windowpanes while others spray-painted "class war" and "thieves" on the side of the building. Central London was jammed as protstors swelled in numbers.
The largest demonstration was held outside the Bank of England, where four protest marches converged.
A group of officers was forced to retreat behind metal crowd barriers outside the bank, apparently because of the crush of the crowd in front of them. PTI
.::. All my articles can be view here: MELTED HEARTS .::.
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