(CNN) – President Obama, in his weekly address to the nation, praised the agreement of the G-20 nations to act together as a turning point in this global economic slump.
"In the end, we recognize that no corner of the globe can wall itself off from the threats of the twenty-first century, or from the needs and concerns of fellow nations. The only way forward is through shared and persistent efforts to combat fear and want wherever they exist. That is the challenge of our time. And if we move forward with courage and resolve, I am confident that we will meet this challenge."
(CNN) – First lady Michelle Obama did not breach protocol by touching Queen Elizabeth II at a reception for world leaders attending the G-20 summit, Buckingham Palace told CNN Thursday.
"It was a mutual and spontaneous display of affection and appreciation between the Queen and Michelle Obama," the Royal Press Office said in a statement Thursday. "The London Summit reception at Buckingham Palace was an informal occasion," the statement also said.
No breach of protocol occurred, according to the Royal Press Office, because Buckingham Palace does not issue instructions about how to address the Queen.
World leaders posed for a picture at the G20 summit in London Wednesday. Full roster after the jump. (GETTY IMAGES)
(CNN) – It's ladies' night in London. While her husband is dining with presidents and prime ministers at a Group of 20 pre-summit dinner, Michelle Obama has plans of her own Wednesday evening.
The first lady is set to attend a rival banquet for summit spouses hosted by British Prime Minister Gordon Brown's wife, Sarah. Mrs. Brown is expected to seat Mrs. Obama between Harry Potter author J.K. Rowling and Olympic champion runner Kelly Holmes at the reception at the historic 10 Downing Street in central London. Other attendees will include supermodel Naomi Campbell, British sitcom actress Ruth Jones, and Web site mogul Martha Lane Fox.
After the meal, prepared by celebrity television chef Jamie Oliver, Mrs. Brown is expected to take the women to the opera.
Mrs. Obama and Sarah Brown met for tea Wednesday morning and toured a cancer center in London. The first lady will join President Obama in the afternoon at Buckingham Palace to meet with Queen Elizabeth.
PARIS, France (CNN) – French President Nicolas Sarkozy said Wednesday he is not satisfied with parts of the draft conclusions for the G-20 summit and may even leave if the results are "less than concrete."
"I will not associate with a summit that is useless," Sarkozy told Europe 1 radio Wednesday morning, a day before he meets other world leaders in London.
If the summit reaches only "false compromises" and nothing concrete, he might leave the summit, Sarkozy said - but he added that it's a step he's reluctant to take, and that he doesn't expect the summit to reach that stage.
"An empty chair would be proof of failure" at the summit, Sarkozy said.
Dozens of world leaders and financial chiefs from the Group of 20 nations are holding a summit Thursday in London. The global monetary crisis is expected to be the central issue.
Sarkozy said "sherpas," or representatives of the various world leaders, have been hammering out the summit's final communique for days. Some ideas are on the table, he said, but there are some items that France and Germany disagree with.
"It doesn't add up," Sarkozy said of the draft communique.
Still, three chapters are certain to be in the final document, Sarkozy said: regulation of the markets, more stimulus packages to put "fuel into the system," and making sure the poorest countries don't have to pay the most to resolve the financial crisis.