WORLD

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G20 takes helm of world economy, to revamp bank rules

The Group of 20 will take on the role of caretakers of the global economy, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.

Protesters clash with police at G20

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Protesters smashed shop windows and threw rocks at police on Thursday as officers in riot gear used pepper gas and batons to disperse their march against capitalism at the Group of 20 summit in Pittsburgh.

Palestinians want peace deal but don't reject Hamas

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Most Palestinians who want a state of their own would like to achieve it through a peace deal with Israel but there is still substantial support for the Islamist Hamas group which favors resistance, according to a new opinion poll.
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Massachusetts names Kirk to fill Kennedy Senate seat

Paul Kirk, a former Democratic National Committee chairman and a close friend of the late Senator Edward Kennedy, was named on Thursday as a temporary replacement for the liberal champion in the U.S. Senate.
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Obama arrives at G20 with big agenda

President Barack Obama arrived at the Group of 20 summit in Pittsburgh on Thursday with an ambitious agenda to crack down on banks' risky behavior and rebuild the global economy on a more stable footing.
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Netanyahu attacks Ahmadinejad's Holocaust denial

Israeli Prime Minister Benjamin Netanyahu brandished at the U.N. on Thursday Nazi-era documents on the extermination of Jews, dramatically rebutting Iranian President Mahmoud Ahmadinejad's denial of the Holocaust.
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All-round pessimism after dud Middle East summit

A cloud of pessimism is suffocating hopes that U.S. President Barack Obama can pull off a miracle in the Middle East by setting negotiations on course for rapid progress toward a comprehensive peace agreement.
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Obama: U.S., Russia agree Iran may face new sanctions

U.S. President Barack Obama said he and Russian President Dmitry Medvedev agreed on Wednesday that serious additional sanctions must be considered if Iran does not respond to proposals to end a nuclear standoff.
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China's Hu tells Obama to curb trade safeguards

Chinese President Hu Jintao urged U.S. President Barack Obama not to slap duties on more Chinese goods after a dispute over tires but stressed hopes for steady economic ties ahead of a Group of 20 leaders' summit.
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Brown says G20 needs clear objectives

G20 countries must sign up to a new agreement setting clear objectives on how they can contribute to more balanced global economic growth, Prime Minister Gordon Brown said on Wednesday.
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Gaddafi blasts big powers in first U.N. speech

Muammar Gaddafi, in his first address to the United Nations in 40 years as Libya's autocratic ruler, on Wednesday accused major powers on the Security Council of betraying the principles of the U.N. charter.
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Obama to world: U.S. can't fix it all alone

President Barack Obama pressed world leaders on Wednesday to help confront challenges ranging from the war in Afghanistan to nuclear standoffs with Iran and North Korea instead of expecting the United States to do it all alone.
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Qaeda's Zawahri attacks Obama, Arabs in new video

Al Qaeda's number two Ayman al-Zawahri appeared on Wednesday in a new video marking the anniversary of the September 11, 2001 attacks, attacking Arab leaders and Barack Obama for their policies on Israel.
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Final polls give Merkel hope before election

German Chancellor Angela Merkel looks on track to win a second term and has a good chance of forming the center-right coalition that eluded her four years ago, the last polls released before Sunday's election indicated.
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Fighting kills at least 12 in Somali capital

Fighting in Somalia's capital Mogadishu killed at least 12 people and wounded 17 others after Islamist insurgents attacked government forces and African Union (AU) peacekeepers, witnesses said on Wednesday.
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EU unveils plans to revamp bank policing

The European Union unveiled its blueprint on Wednesday for an overhaul of the way banks and financial markets are policed, a central plank to new rules designed to prevent a repeat of the global economic crisis.
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China army parade may give clue to new missiles

When the National Day parade rolls down Beijing's streets next week, foreign observers will look beyond the goose-stepping soldiers for signs that China is developing a new missile able to threaten U.S. aircraft carriers.
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G20 Support builds for rebalancing world economy

Leaders from some of the largest Western powers rallied support Tuesday behind a U.S. plan to build a more balanced global economy and warned against returning to business as usual once recovery takes hold.
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Obama star power faces new test at U.N meeting

U.S. President Barack Obama makes his United Nations debut on Wednesday, hoping his international star power can throw new muscle behind a policy agenda that is already struggling to deliver.

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