Can new rules for the financial system help to end the worldwide crisis? - je 14.11.2008 10

As the leaders of the G-20 nations gather for their summit in Washington - the signs continue to mount that the global crisis is now making inroads in countries, such as Germany, that had hoped to avoid the worst at least for a little longer. The first nation to see it's economy virtually collapse as a result of the credit crunch - Iceland - is facing growing anti-government demonstrations. Weekly protests in downtown Reykjavik are expected to swell to 20,000 soon, or 6 percent of the population. The islanders are venting their anger on politicians as prices soar, the krona collapses and the economy goes into reverse.