Financial Transparency Coalition

Washington (FT) - Doris Leuthard, the Swiss economy minister, called for a swift resolution of the UBS legal case brought by US tax authorities on Wednesday at the start of a trip to Washington.

The summit meeting which is taking place in L’Aquila, Italy, at which the Group of 8 (Britain, Canada, France, Germany, Italy, Japan and the United States) is joined by South Africa, Brazil, China, India, Mexico and Egypt, will be the first since we realized the extent of the financial and economic crisis we are facing.

British charities have welcomed moves announced by the Government which could herald major improvements in the way tax is regulated internationally.

ROME (AFP) — The world's most powerful leaders gathered in Italy on Tuesday on the eve of a G8 summit aimed at finding common ground on how to tackle the global economic crisis, climate change and turmoil in Iran.