April 3, 2009 Friday
Updated

LONDON - CONDUCTING his first international summit, President Barack Obama hailed agreements at the emergency meeting of world powers on Thursday as a 'turning point in our pursuit of global economic recovery.'

The new US leader said the heads of industrial countries that met in London agreed on 'unprecedented steps to restore growth and prevent a crisis like this from happening again.'

 
IMF given more 'firepower'

LONDON - THE International Monetary Fund (IMF) now has enough financial strength to deal with potential crises around the world, the institution's managing director Dominique Strauss-Kahn said on Thursday after the Group of 20 world leaders promised a hefty cash infusion.

Israeli FM in bribery probe

JERUSALEM - AVIGDOR Lieberman, the new foreign minister of Israel, was questioned under caution by the national fraud squad for more than seven hours on Thursday.

The police spokesman, Micky Rosenfeld, said the interrogation did not come as a surprise, but was coordinated with the incoming minister several days in advance.

111 arrested after violence

LONDON - POLICE have arrested 111 people and detained scores more following violent clashes timed to coincide with the G20 economic summit in London, they said on Thursday.

Around 85 people were arrested on Wednesday after repeatedly clashing with police in the narrow streets of London's financial quarter on what protesters designated 'Financial Fools Day'.

   
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