Wednesday 25 December 2024
 
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World recession

$1 trillion G20 plan; 'new world order emerges'

World leaders agreed a trillion-dollar deal and other important steps on Thursday to combat the deepest economic downturn since the Great Depression. 'A new world order is emerging,' said British Prime Minister Gordon Brown after the G20 s

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G20 seeks answers to economic crisis

World leaders meet on Wednesday under intense pressure to produce a morale-boosting response to the worst economic downturn seen since the 1930s. They will have their work cut out at a G20 summit where US President Barack Obama makes his f

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