G20

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US, Europe Clash on Banking Reforms

G-20 agreement on capital requirements likely to remain elusive

(Newser) - The US and Europe are moving further apart on plans for post-financial crisis banking reform ahead of this week's G-20 summit, the Wall Street Journal reports. Both sides agree that banks should be required to keep more capital on hand to cushion them from crises, even at the cost of...

Obama Set to Bankrupt US, Appease Foes

Wrongheaded policies to be on display at UN, G20 meetings

(Newser) - President Obama's agenda can be summed up as "beggar thy neighbor, bankrupt thy country, and appease thy foe," as can be seen in his plans for summit meetings this week, Bret Stephens writes in the Wall Street Journal. The president chairs a UN Security Council meeting on...

G-20 Summit Puts Spotlight on Reborn Pittsburgh

City managed to reverse decline after collapse of Big Steel destroyed its economy

(Newser) - The choice of Pittsburgh for this week's G20 summit highlight a Rust Belt success story, Kris Mamula writes in Portfolio. The smokestacks and steel mills Mamula remembers from his Pittsburgh childhood are long gone, victims of the collapse of Big Steel that left the city in a state similar to...

Obama Vows to End 'Fat' Exec Bonuses

Summers sees 'death panel' tactics from reform foes

(Newser) - President Obama used his weekly radio address today to promise a continued crackdown on risky investment schemes that result in "fat executive bonuses" on Wall Street, reports Reuters. Obama pledged to use next week's G20 summit in Pittsburgh to push for sweeping reform of the world's financial markets. "...

G-20 Pledges to Keep Stimulus Flowing

(Newser) - Top finance officials from rich and developing countries today pledged to maintain stimulus measures to boost the global economy, warning that the fledging recovery that provided the backdrop to their meeting is by no means assured. Group of 20 finance ministers also promised a crackdown on bankers' pay—but stopped...

Obama to Host G20 in Pittsburgh

Former steel capital showcases economic recovery: White House

(Newser) - The Obama administration has picked Pittsburgh to host September’s G20 summit, where leaders representing 85% of the world’s economy will measure progress since the last meeting and discuss further action to curb the global crisis, the Post-Gazette reports. Hit hard by the steel industry’s decline, the revitalized...

Economy Saps Sarkozy's Approval Ratings
Economy Saps Sarkozy's Approval Ratings
ANALYSIS
Apr 17, 2009 3:14 PM CDT

Economy Saps Sarkozy's Approval Ratings

'Action-man president' looks powerless on crisis

(Newser) - Nicolas Sarkozy should be well positioned to gain political capital from the global recession, having warned against capitalist excess years before the crisis quashed pro- deregulation argument. But the French president’s approval rating keeps dropping, the Economist reports. It fell another 2% in April, to 36%. As the crisis...

Cop May Have Caused Death at G20 Protest

(Newser) - A second autopsy of the man who died during recent G20 protests in London revealed that abdominal bleeding, not a heart attack, killed him, the New York Times reports. The follow-up by a board looking into police misconduct did not specify what caused the bleeding. But Ian Tomlinson was filmed...

'Fatuous' Obama Does US No Favors: Krauthammer
'Fatuous'
Obama Does
US No Favors: Krauthammer
OPINION
Apr 10, 2009 10:28 AM CDT

'Fatuous' Obama Does US No Favors: Krauthammer

Big talk yields little help from European allies

(Newser) - President Obama is out in the world, "acting the philosopher-king who hovers above the fray" and badmouthing past American actions, and to what end? Charles Krauthammer, writing in the New York Times, doesn't see any satisfactory answers. "I'm not against gift-giving in international relations," he writes. "...

New Yorker Who Cracked G20 Death Case Backs Probe

London visitor came forward with evidence of police attack

(Newser) - The New Yorker whose video revealed a police attack on a man who died during the G20 protests is glad the footage has led to an investigation, he tells the Guardian. The fund manager, who attended the London protests out of curiosity, came forward with the footage after hearing of...

White House Denies Prez Bowed to Saudi King

President accused of royal breach of protocol at G20 summit

(Newser) - The White House denies President Obama broke centuries of protocol by bowing to a foreign monarch at the G20 talks, Politico reports. A video from the summit showing the president dipping as he greeted Saudi Arabia's King Abdullah has infuriated right-wingers who believe the movement was a bow. The deep...

G20 Cop Attack Sparks Demand for Investigation

Officials seek probe in death of man knocked down by riot police

(Newser) - British officials are calling for a criminal investigation into a police attack on a man who died during the G20 protests in London last week, the Daily Telegraph reports. Video of the incident, shot by a New Yorker in town on business, shows a "sickening and unprovoked attack" by...

G20 Cops Caught on Tape Shoving Protester Who Died

(Newser) - Ian Tomlinson, who died during last week’s G20 protests in London, was clubbed and pushed to the ground by police minutes before he suffered a fatal heart attack, the Guardian reports. The paper has obtained video, which shows Tomlinson walking away from riot cops with dogs before he was...

Man Died in G20 Protest After Clash With Cops: Witnesses

They saw news agent collapse after clash with cops

(Newser) - London police are interviewing witnesses who reported seeing cops attack a man shortly before he collapsed and died during last week's G20 protests, reports the Guardian. The 47-year-old news agent hit his head on the pavement after the clash, according to reports. The confrontation occurred as riot police with dogs...

Michelle Takes Style Diplomacy to Prague
 Michelle Takes Style 
 Diplomacy to Prague 
SLIDESHOW
Apr 5, 2009 2:47 PM CDT

Michelle Takes Style Diplomacy to Prague

(Newser) - From sequins to argyle to matching coat-and-dress sets, Michelle Obama's unpretentious but chic style has European tongues wagging, ABC News reports. In her most-watched moment, the first lady outdid former model Carla Bruni, glowing in a black-and-poppy-printed Thakoon Panichgul coat over a stunning pink dress. The French first lady looked...

Michelle's Killing Us: Top US Designers

The big names want to get their threads on the First Fashion Plate

(Newser) - Michelle Obama's sartorial picks have now been hailed the world over, but America's elite designers are grumbling about being snubbed, reports the Telegraph. The first lady has debuted the work of several young designers, both American and foreign, on her European trip—a choice that hasn't sat well with the...

Obama Plays Shrink to Europe: Dowd
 Obama Plays Shrink 
 to Europe: Dowd 
OPINION
Apr 5, 2009 9:34 AM CDT

Obama Plays Shrink to Europe: Dowd

President brings "psychological finesse" to the G20

(Newser) - Therapists could learn a thing or two from the "psychological finesse" Barack Obama showed in Europe this week, Maureen Dowd writes in the New York Times. Obama's upbringing taught him how to "slip in and out of different worlds," and that legacy was on display at...

Europe Falls Hard for 'Mighty Michelle'

First Lady woos Europe with style and warmth

(Newser) - Barack Obama's star power may be on the rise as he sweeps across Europe, but it's Michelle who has captured the continent's heart, says Politico. As the first couple seeks to repair the damage done to European-American relations by the Bush administration, Michelle has been an equal player in the...

Queen in a Huff Over Berlusconi Boisterousness

Video shows annoyed monarch; palace denies hard feelings

(Newser) - God save Silvio Berlusconi if he has irked the queen—and that’s just what the Italian premier appears to do in a video that’s become a YouTube sensation, the Telegraph reports. After Queen Elizabeth joined G20 leaders for a class photo, Berlusconi roared, “Mr. Obama!” Bristled...

Rowling Wows Obama—and Medvedev, Too

Prez praises Rowling; Michelle dines with high-flying women

(Newser) - Barack Obama took a break from the global economic crisis at a Downing Street G20 dinner this week, buttonholing JK Rowling to tell her that he had read all of her Harry Potter books—and had read them to his girls, the Telegraph reports. And Dmitry Medvedev did his US...

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