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Thousands of protesters are converging on the French Riviera to urge the Group of 20 leading economies to focus on spreading global largesse more equitably instead of saving banks and pleasing financial markets. Scores of French and international activist groups with a range of missions - from a tax on financial transactions to better environmental protection and fairer labour laws - are organising protests around the summit of G-20 leaders in Cannes on Thursday and Friday. Their biggest march was planned for Tuesday in Nice, under the slogan "People First, Not Finance". Later they were to march on nearby Monaco, known for its friendly tax laws, to urge an end to tax havens.
"Today’s decisions, of course, will not immediately solve the crisis. But we have begun the process by which it will be solved," Mr Brown said. "I think a new world order is emerging with the foundation of a new progressive era of international co-operation,"
Global leaders took their biggest steps yet toward a new world order that’s less U.S.-centric with a more heavily regulated financial industry and a greater role for international institutions and emerging markets.