UN Financial Summit Attracts 14 World Leaders

The U.N. summit will take place two months after the London summit of the Group of 20 — the 19 countries and the European Union which together account for 85 percent of the global economy.

At the G-20 meeting, the leading industrial and developing economic powers promised US$1.1 trillion in lending to poorer countries and major efforts to clean up banks' tattered balance sheets and get credit flowing again. Other goals were to shut down global tax havens and to tighten regulation over hedge funds and other financial high-flyers in the U.S. and elsewhere.