Financial crisis dominates G-20 agenda

This week’s London Summit brings together the leaders of the world’s 20 largest economic powers, known as the Group of 20, to discuss the global financial crisis and decide new measures to set the world on a more stable economic footing. British Prime Minister Gordon Brown, who hosts Thursday’s talks, has set a bold agenda for this year’s summit, calling on governments to sign up to a “global deal” to haul the world out of the crisis triggered by the collapse of the banking system.

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Europe’s Message on Economic Stimulus: Enough Already!

As the economic tsunami continues to rage across the planet, the near universal refrain has been that joint action is needed to pull us out of the crisis. But when it comes to stimulus spending, the United States and Europe have taken different paths, jeopardizing hopes of a united front to combat the downturn. President Barack Obama this week urged the world’s top economies to adopt aggressive, American-sized spending programs.

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Will Clinton’s Overture Get Iran to Cooperate?

Secretary of State Hillary Clinton’s announcement that Iran would be invited to a summit on Afghanistan has been greeted as a possible icebreaker in the tense relationship between Washington and Tehran. Iran is weighing whether to accept the invitation, its foreign minister said Friday, and will deliver its response next month. The overture should be consistent with the new Washington ethos: seeking Iran’s cooperation on stabilizing Afghanistan — a goal both sides desire — can help end the nuclear standoff between the two countries

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Clinton warns of Iranian threat to Europe, Russia

Iran poses a threat to Europe and Russia, both from Tehran’s direct efforts and its support of terrorist groups, Secretary of State Hillary Clinton said Wednesday. The Tehran government is intent on interfering in the Middle East, she told reporters aboard her flight to Brussels from the region

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Obama reaches out to Russia over nuclear Iran

President Obama has told Russia that the United States might not proceed with a missile defense system in eastern Europe if Iran drops plans for producing nuclear weapons, senior administration officials said Tuesday. Obama raised the possibility in a letter to Russia seeking help in trying to end Iran’s nuclear program, a senior administration official said. Contrary to news reports, it was not a secret letter, the official said

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