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"International leaders struggled Wednesday to overcome internal fissures threatening a crucial summit aimed at pulling the world out of its gravest economic collapse since the Great Depression.

The leaders of the G20 nations moved to resolve differences over dinner Wednesday night, after the leaders of Germany and France emphasized the need for tough regulatory measures over stimulus spending. The leaders began the formal part of their meeting Thursday, discussing the need to act in concert in areas such as stimulus spending, financial regulation and help for poorer nations through the International Monetary Fund.

Some experts have predicted that disunity will have significant consequences for the world's stock markets.

In an effort to find agreement, U.S. President Barack Obama argued before Wednesday's dinner meeting that a united front is possible and that there is “enormous consensus” among nations."

Leaders arrived in London against the backdrop of civil disobedience, which saw protesters smash windows and battle with police. Hundreds of demonstrators attacked the offices of the Royal Bank of Scotland, which was rescued by the British government last fall.

The protest outside the Bank of England drew about 4,000 marchers for what they called “Financial Fools Day.”

Nations aside from France and England also have demands, among them Russia and China, who are looking for more clout in world economic affairs."
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