Plan to save world economy announced. Queen gets gift

Leaders of the world’s largest economies have decided to address the global financial crisis with measures totalling $1 trillion.

Leaders of the world’s largest economies have decided to address the global financial crisis with measures totalling $1 trillion.

Under the plan approved by G-20 participants meeting today in London, the International Monetary Fund (IMF) will get $750 billion.

Other actions include sanctions against tax havens, tougher global financial regulations and $250 billion to boost international trade.

Meanwhile, Queen Elizabeth hasn’t said much about the somewhat controversial gift she received from the United States.

President Barack Obama presented the 82-year-old monarch with an iPod.

What's next?

If you would like to apply to become a Verified Commenter, please fill out this form.