Page last updated at 04:48 GMT, Wednesday, 1 April 2009 05:48 UK

G20 leaders gather amid security

BBC editors look at the problems and possible solutions of the G20 summit

World leaders are gathering in London to discuss ways to resolve the worst financial crisis since the 1930s.

The G20 summit takes place amid tight security and police warnings of "unprecedented" levels of protest.

Workers in London's financial district have been told to dress down and stay home to avoid provoking demonstrators.

President Barack Obama has arrived in London on his first visit to Europe since taking office, with hopes high that he can forge a new global deal.

But expectations that the summit will come up with a definitive plan to stimulate the world economy are receding as rifts emerge between Europe and the US and UK.

G20 LONDON SUMMIT
World leaders will meet later this week in London to discuss measures to tackle the downturn. See our in-depth guide to the G20 summit.
The G20 countries are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK, the US and the EU.

The two-day summit officially begins on Wednesday evening as the leaders from the G20, which groups the world's most powerful economies, attend a reception with the Queen at Buckingham Palace.

But detailed bargaining will take place at a series of face-to-face meetings earlier in the day, including a breakfast meeting between Prime Minister Gordon Brown and President Obama.

Protests

The talks will be accompanied by tight security, with police Cdr Simon O'Brien last week warning the capital was about to see an "almost unprecedented level of activity".

Police leave during the two-day summit has been cancelled and six police forces will be involved in the £7.5m security plan.

The protests are expected to centre on the Bank of England in the heart of the City of London.

Some organisers have dubbed the event "Financial Fools Day" and say their protest will bring together anti-globalisation activists, environmental campaigners and others who are all demanding changes in the global economic system.

Campaigners have been handing out leaflets bearing slogans, such as "Hang A Banker" and "Storm The Banks".

US President Barack Obama and his wife Michelle
The summit will almost certainly fall short of the lofty ambitions set out for it
Jan Randolf
Global Insight

Police said although the majority of protests were expected to be peaceful, they were concerned about the actions of small groups.

City workers have been advised to swap business suits for casual clothing and police say people should work from home if they can.

Fearing damage to their property, some businesses in the financial district have already boarded up windows.

The prime minister said that police would act quickly if protests turned violent or if property was damaged.

The warnings follow a peaceful protest march of 35,000 people through London on Saturday, during which demonstrators demanded action of poverty, climate change and jobs.

Rifts

The G20 summit will be crucial for Gordon Brown, whose reputation for economic competence has been battered by the financial crisis.

OFFICIAL ADVICE TO CITY FIRMS
Cancel meetings
No entry without ID
Check ID outside buildings first
Minimise entry and exits
Review external smoking areas
Check CCTV equipment
Don't antagonise protesters
Source: City of London Police

He has sought to lead the drive for a global approach to the crisis and the meeting is an opportunity to restore his image as a competent economic manager.

But it is unlikely to be smooth sailing.

French Finance Minister Christine Lagarde has already said France would walk out of the summit if its demands for stricter rules are not met.

Jan Randolf, an analyst at Global Insight, said the meeting would be unlikely to live up to the hype surrounding it.

"The summit will almost certainly fall short of the lofty ambitions set out for it last year," Mr Randolf said.

"There may now be stronger agreement on financial regulation, but there is a long way to go before any consensus is reached on practical reform," he added.

Map of key protest locations



Print Sponsor


RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

BBC iD

Sign in

BBC navigation

Copyright © 2016 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific