G20 leaders nearing deal on new-model IMF

Leaders of the G20 industrial nations finished breakfast on Thursday (2 April) morning at London's Excel Centre and began the final phase of tough negotiations on how to reform the International Monetary Fund (IMF) and boost its resources.

"You need to appoint someone democratically at the IMF," said Irish campaigner and former pop singer Pop Geldof on the summit's sidelines.

Mr Geldof, who for many years has put pressure on Western leaders to increase aid to developing countri...