Two of the world's largest professional accountancy bodies, the Chinese Institute of Certified Public Accountants (CICPA) and ACCA (the Association of Chartered Certified Accountants), have signed an agreement which will see them work closely together to develop the profession.
The environmental organization "Friends of the Earth Middle East (FoEME)" is chosen as the first winner of the Onassis Prize for the Protection of the Environment.
Stability is crucial ahead of the next meeting in Seoul later in the year and there is a real risk that complacency could plunge the global economy back into danger.
Participants to include corporate governance guru Professor Mervyn King from South Africa, and Alan Teixeira, Director of Technical Activities of the International Accounting Standards Board.