London Summit Of G20 Nations

Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis with measures worth $1.1 trillion (£681bn)

NEW FUNDING PLEDGES

To help countries with troubled economies, the resources available to the International Monetary Fund (IMF) will be tripled to $750bn. There will also be sanctions against secretive tax havens and tougher global financial regulation. And the G20 has committed about $250bn to boost global trade

Bankers' pay and bonuses will be subject to stricter controls.A new Financial Stability Board will be set up to work with the IMF to ensure co-operation across borders and provide an early warning mechanism for the financial system There will be greater regulation of hedge funds and credit ratings agencies A common approach to cleaning up banks' toxic assets has been agreed The world's poorest countries will receive $100bn extra aid .G20 countries are already implementing the biggest economic stimulus "the world has ever seen" - an injection of $5tn by the end of next year