Twenty world leaders, representing 85 percent of the global economy and two-thirds of the world's population, gathered in D.C. this weekend to discuss what actions they need to take to combat the economic crisis.
At the summit, which ended Saturday, leaders promised new safeguards for financial systems, including regulatory holds on risky investments, according to BBC News.
The 47-point plan will create a college of supervisors, which will allow global financial regulators to compare notes on the market, encourage international cooperation and standardize accounting rules, BBC reported.
-M.M.
