Announcing the outcome of the G-20 meeting held in the backdrop of sharp differences among the world economic powers on further stimulus, the British Prime Minister, Gordon Brown, said the leaders had agreed to take actions together to deal with the slowdown and rebuild confidence and trust.
Manmohan, Obama meet informally
Pledging to inject $1.1 trillion into International Monetary Fund and other institutions to spur revival of the economies that have been hit hard by the economic crisis was also agreed upon at the meeting, which was called to find a way out of the liquidity crisis.
Brown said that the leaders also agreed on setting principles to regulate the global banking system and credit rating agencies, besides resolving to end tax havens to stop the misuse of such destinations.
For more International news | For more Political news | For more Offbeat news
