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G20 ministers gather in Scotland | G20 ministers gather in Scotland |
(about 5 hours later) | |
Finance ministers from the world's 20 leading economies are due to gather for talks in St Andrews. | Finance ministers from the world's 20 leading economies are due to gather for talks in St Andrews. |
The G20 summit, which will last until Saturday, is the latest in a series that led to a $1tn (£600bn) fiscal stimulus to tackle the recession. | The G20 summit, which will last until Saturday, is the latest in a series that led to a $1tn (£600bn) fiscal stimulus to tackle the recession. |
On the agenda will be the issue of economic recovery as well as creating a review process to close budget, consumption and trade gaps. | On the agenda will be the issue of economic recovery as well as creating a review process to close budget, consumption and trade gaps. |
Demonstrations have been organised to coincide with the weekend gathering. | Demonstrations have been organised to coincide with the weekend gathering. |
A coalition of anti-war campaigners and student groups plans to stage a protest in the Fife town on Saturday to "say nae tae the G20". | |
Additionally, a "people's G20" will be held at the beach on Saturday prior to talks and "cultural events". | Additionally, a "people's G20" will be held at the beach on Saturday prior to talks and "cultural events". |
Ahead of the meeting, UK Chancellor Alistair Darling urged finance ministers to "get on" with the task of tackling climate change. | Ahead of the meeting, UK Chancellor Alistair Darling urged finance ministers to "get on" with the task of tackling climate change. |
The Group of 20, or G20, is composed of the world's most powerful countries. | The Group of 20, or G20, is composed of the world's most powerful countries. |