LONDON (Reuters) - Leading and emerging nations will commit this week to pursuing responsible economic policies that do not hurt each other's prospects with protectionism or currency devaluations, according to a draft G20 statement.
The G20 group is due to meet in London on Thursday to discuss the next steps to tackle a crisis that has brought about the collapse of major financial institutions and huge job losses after credit dried up.
As the British capital and financial district braced for clashes around the summit, police said five people suspected of planning to join protests had been arrested and were being held under counter-terrorism powers, after weapons were found in a raid on a house in western England. read more
The G20 group is due to meet in London on Thursday to discuss the next steps to tackle a crisis that has brought about the collapse of major financial institutions and huge job losses after credit dried up.
As the British capital and financial district braced for clashes around the summit, police said five people suspected of planning to join protests had been arrested and were being held under counter-terrorism powers, after weapons were found in a raid on a house in western England. read more
