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Global aid and development on today's G8 agenda

Global aid and development on today's G8 agenda
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As the second day dawns on the G8 summit in Central Italy, the politicians involved are already congratulating themselves on making a series of breakthroughs.

After talks at the first session yesterday, the leaders made their strongest statement ever on global warming, agreeing on a plan to limit emissions. They also decided that the world’s economy is still too shaky for them to end the financial support provided by governments: “We have decided that it is important to maintain all the necessary support that governments have given to the banking system, to manufacturing and certainly to those people who have lost their jobs.”, Berlusconi told the gathered delegates. The group will also give diplomatic talks with Iran a chance until September when the situation will be reviewed. The talks today will focus on global aid and development, with the US hopeful that 10 billion euros will be found to fund food security initiatives in developing countries.