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| US to host next G20 world meeting | US to host next G20 world meeting |
| (10 minutes later) | |
| The US will host the next G20 summit of world leaders in September, the White House has confirmed. | The US will host the next G20 summit of world leaders in September, the White House has confirmed. |
| The meeting will take place in Pittsburgh, Pennsylvania, on Thursday 24 September and Friday 25 September. | |
| April's G20 summit in London announced a $1.1tn (£691bn) rescue plan to help revive the world economy. | April's G20 summit in London announced a $1.1tn (£691bn) rescue plan to help revive the world economy. |
| The September meeting is expected to monitor the implementation of the plan so far, and decide whether further measures are needed. | The September meeting is expected to monitor the implementation of the plan so far, and decide whether further measures are needed. |
| Regeneration city | |
| Pittsburgh is seen as a shinning example of how a one-time depressed US industrial city has managed to successfully regenerate itself. | Pittsburgh is seen as a shinning example of how a one-time depressed US industrial city has managed to successfully regenerate itself. |
| Winning the swing state of Pennsylvania was also a key victory in Barack Obama's presidential election success. | Winning the swing state of Pennsylvania was also a key victory in Barack Obama's presidential election success. |
| Most commentators had previously expected the US to announce that the next G20 meeting would be held in New York. | |
| The $1.1tn agreed in London included tripling the resources available to the International Monetary Fund to $750bn, and spending $250bn on boosting global trade. | |
| The G20 leaders also agreed to enforce tougher global financial regulation, and introduce sanctions against secretive tax havens. |