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More talks, less protests at G20 in London | Europe | Deutsche Welle | 02.04.2009
Leaders seek compromise on a host of issues Thursday, from financial regulations to tax havens to IMF contributions. Protests, so heated on Wednesday, begin to cool off. 

US President Barack Obama was behind closed doors with 19 of his counterparts Thursday, attempting to hammer out a new agreement on boosting global economic confidence.

Obama pledged Wednesday to do all he could to face down the global recession, highlighting the consensus that had been reached among the G20 leaders in the run-up to the summit on the global economic crisis.

But at a joint press conference German Chancellor Angela Merkel and French President Nicolas Sarkozy threw down the gauntlet on market reform, insisting that the summit needed to act now to tighten the global regulatory system.

by In Wales (inwales aaat eurotrib.com) on Thu Apr 2nd, 2009 at 03:58:19 PM EST
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