To bring world economic reforms and prepare strict rules for the stock markets, the session of G20 has begun in Pittsburgh. The session is being presided over by US President Barack Obama while German Chancellor Angela Merkel, Indian Prime Minister Manmohan Singh, Brazilian President Luiz Da Silva and others have also reached Pittsburg. Manmohan Singh in a statement has stressed world leaders to end protectionism. He highlighted the role of the institutions which provide loans to the emerging economies. German Chancellor maintained that G20 leaders should take concrete steps to devise new rules for international markets instead of going for other issues. Apart from G7, India, Argentine, Australia, Brazil, China, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea and Turkey are included in G20. The world leaders are agreed on it that the limits of the bonuses given to the heads of banks and financial institutions should be marked.
