A day after police clashed with protesters at the World Economic Forum in Davos, Switzerland, business and political leaders come to grips with the mounting public anger over the regulatory failures that led to the financial crisis.
Police clashed with protesters on the last day of the World Economic Forum in Davos, Switzerland, where world leaders had gathered to discuss the global economic crisis. Earlier, Japan pledged $17 billion to help Asian nations hit by the downturn.
Japan will pledge $17 billion in development aid to help Asian countries resist the economic crisis, Japanese Prime Minister Taro Aso announced Saturday in a speech to the World Economic Forum in Davos, Switzerland.
In a move that could displease the US, both Germany and the UK called for greater control of the world economy at the Davos economic forum, underlining their support for an international watchdog based on the UN Security Council.
On a surprise visit to Iraq, British PM Gordon Brown confirmed that the UK's 4,100 troops stationed in Iraq would end combat by May 2009 and complete their withdrawal by July. Meanwhile, a twin bomb blast in downtown Baghdad killed 18.
Prime Minister Yousuf Raza Gilani (right) says Pakistan has rejected a request by his British counterpart, Gordon Brown, for the UK to question suspects detained in the wake of the deadly attacks in Mumbai, India.
British Prime Minister Gordon Brown offered Pakistan and India aid in fighting Islamic extremism during a visit to the sub-continent aimed at easing bilateral tensions after a series of attacks in Mumbai that India blames on Pakistani militants.