China pushing for bigger IMF role at G-20 summit but European reluctance might be obstacleBEIJING — Beijing is pressing for a bigger voice in the International Monetary Fund and says Group of 20 leaders at their Pittsburgh summit should start making good on promises to give developing countries more IMF votes. Obama, China vow action on climate change even as prospects dim for treaty by year’s endUNITED NATIONS — President Barack Obama and Chinese President Hu Jintao each vowed urgent action Tuesday to cool an overheating planet, even as prospects dimmed for a full treaty by the end of the year. Analysis: Despite UN summit push, road to climate deal may extend past December and CopenhagenUNITED NATIONS — It happened in Rio, in 1992: The world officially woke up to the fact it was getting warmer outside. Seventeen years later in New York, the U.N. gathered presidents and premiers to talk about serious steps to turn down the heat. But the political climate may still be too cool for conclusive action. Group of 20 summit organizers show off Pittsburgh security nerve center, say they’re readyPITTSBURGH — Security officials say they’ve thought of everything possible to keep the land, water and air around the Group of 20 economic summit safe. Volunteers helping G-20 run smoothly also hope to show off Pittsburgh to diplomats, worldPITTSBURGH — Hundreds of volunteers have picked up trash, practiced foreign languages and prepared to greet the thousands of visitors arriving in Pittsburgh this week for the two-day Group of 20 economic summit. Obama: Israeli, Palestinian leaders must do more to make peace talks possibleNEW YORK — Pressing for elusive Mideast peace, President Barack Obama on Tuesday challenged Israeli and Palestinians leaders to do more, saying it was time to “find a way forward.” It was the president’s most direct engagement yet on a problem that has vexed leaders for years. Euro breaks above $1.48 as dollar falls to year lows ahead of G-20 summit this weekendNEW YORK — The dollar sank to its lowest point in a year Tuesday against several currencies ahead of a meeting by of the Federal Reserve on interest rates and the Group of 20 summit in Pittsburgh this weekend. Obama pushes for agreement on balanced growth to set stage for sustained economic recoveryWASHINGTON — President Barack Obama says he is determined to go after the “reckless risk-taking” that pushed the global economy into the worst financial crisis since the 1930s, and he is also pushing for countries to promote more balanced growth going forward. UN climate summit of 100 world leaders puts spotlight on China and India
Not enough common ground between Abbas and Netanyahu to relaunch peace talks at summitNEW YORK — The Israeli and Palestinian leaders shook hands at the start of their first face-to-face meeting Tuesday, hosted by President Barack Obama, but the small gesture was unlikely to translate into a quick resumption of peace talks. Britain’s Brown says rebalancing of world economy to be discussed at G-20 meetingLONDON — British Prime Minister Gordon Brown said leaders of 20 rich and developing countries must start to sketch out the outlines of a new global economic order when they meet in Pittsburgh later this week, as well as making sure that the fledgling recovery sustains itself. AP Interview: UN climate chief says China poised to take lead on global warmingUNITED NATIONS — China’s ambition to grow quickly but cleanly soon may vault it to “front-runner” status — far ahead of the United States — in taking on global warming, the U.N. climate chief said Monday. Dollar edges higher against major currencies but remains near year lows ahead of G-20 meetingNEW YORK — The dollar edged up against major currencies but remained near an annual low against the euro Monday as economic signals continue to point to a recovery and investors look forward to more hints about the economy at this week’s G-20 meeting in Pittsburgh. G-20 protesters allege Pittsburgh police harassment in suit, ask for emergency hearingPITTSBURGH — Two protest groups filed a lawsuit Monday asking for an emergency hearing into allegations that Pittsburgh police harassed them in the run-up to the Group of 20 global economic summit. Lincoln, Grant, others have slept in Pittsburgh _ but not at once; G-20 poses a new challengePITTSBURGH — The Prince of Wales slept here. So did Abe Lincoln. And Teddy Roosevelt and Ulysses S. Grant. Soviet leader Nikita Khrushchev during the Cold War. More recently: Bill Clinton and John McCain. Damaged by deficits, US seeks G-20 commitment to combat global imbalances at Pittsburgh summitWASHINGTON — With trillion-dollar deficits and a weakening dollar, the United States doesn’t have the clout it once had at economic summits. Now Germany, France and all the new kids at the table — countries like China and Brazil — are pushing their own issues. Britain’s Brown says world leaders must attend Copenhagen summit to strike climate pactLONDON — World leaders need to attend a key climate change summit in Copenhagen to avert the “grave danger” that nations will fail to agree a new global pact tackling climate change, British Prime Minister Gordon Brown declared Monday. Pittsburgh open for business during G-20 summit, but security, unknown keeping many awayPITTSBURGH — Nick Mancini Hartner is like a lot of downtown business operators: He doesn’t know what to expect if thousands of protesters show up for the Group of 20 economic summit or, for that matter, how many customers will show up either. Asian leaders aim to press greater voice on global financial decisions, will face demands tooWASHINGTON — Asian leaders at this week’s economic summit will demand a greater voice in the way global financial institutions make crucial decisions. Likewise, the world’s established powers will have some demands of their own. Environment to globalization, protesters want issues heard when G-20 summit convenes in Pa.PITTSBURGH — An anti-war group plans to set up a tent city during the Group of Twenty economic summit this week to focus attention on the plight of women and children made refugees by war. 2 world gatherings, a single stern test of leadership as global challenges converge on ObamaWASHINGTON — The unrelenting global troubles confronting Barack Obama are about to converge on him all at once, providing a stern test of leadership for a first-year president who has pledged to “change the world.” Obama: G-20 summit good time to assess economic progress of countries at meetingWASHINGTON — President Barack Obama says the world’s leading economic powers have made progress in stabilizing the global financial system but much work remains to produce needed jobs and growth. Asian countries at G-20 push for greater decision-making role, face demands on climate, tradeWASHINGTON — Asian leaders gathering at next week’s economic summit in Pittsburgh will be demanding a greater voice in the way global financial institutions make crucial decisions. Likewise, the world’s established powers will have some demands of their own for the rising Asian nations. IMF discussing sale of some of its gold to provide loans and shore up its own financesWASHINGTON — The International Monetary Fund’s executive board on Friday was discussing selling some of the fund’s gold to provide low-interest loans to poor countries and shore up its internal finances. On eve of G-20, report says protectionism rampant and could increase even as economies recoverWASHINGTON — The world’s major powers are repeatedly breaking their pledges not to erect trade barriers, and there’s no sign the “protectionist juggernaut” will ease as countries recover from the global downturn, an influential monitoring organization said Friday. Improving economies may ease pressure on world leaders to work together, fight protectionismWASHINGTON — Leaders of the world’s 20 top economies vowed to resist protectionism last November and again in April as they charted a joint strategy for confronting the worst global downturn in generations. As they meet again, they’ll get this progress report: Most of their economies are on the mend — and trade tensions and protectionism are on the rise. EU officials press Obama on capping bank bonuses, tougher climate change measuresBRUSSELS — EU leaders issued a joint plea to U.S. President Barack Obama on Thursday to back their call for rich and developing nations to cap bankers’ pay and to impose deeper cuts on emissions for a new global climate change pact. EU says more needs to be done to improve US climate change billBRUSSELS — The European Union says the United States has to make deeper cuts in emissions as part of legislation currently going through the U.S. Congress. French President Nicolas Sarkozy says EU leaders agree to impose a cap on banker pay.BRUSSELS — French President Nicolas Sarkozy says that EU leaders have agreed to impose a cap on bankers’ pay. Fears of violence, damage lead some businesses near G-20 protest camp to close during summitPITTSBURGH — Barely a block from a parking lot where Pittsburgh will house protesters of the Group of 20 summit is one of the city’s most eclectic neighborhoods — a strip of mom-and-pop, homegrown grocery stores, restaurants and businesses that exemplify the kind of world the protesters say they want. |