Medvedev to continue work within G20 summit.

L' AQUILA, Italy, July 9 (Itar-Tass) - President Dmitry Medvedev will
continue work within the G20 summit. The head of state will participate in
three working meetings in various formats, including with the
participation of both the G8 and the leaders of Brazil, Egypt, India,
Mexico, South Africa, South Korea, Indonesia, and Australia as well as
representatives of international organisations.
The work programme of leaders also includes an informal meeting with
participants in "the Junior 8 summit".
Besides, Medvedev hopes to hold separate bilateral meetings, including
Japanese premier Taro Aso, South Korean President Lee Myung-bak and
possibly with French President Nicolas Sarkozy.

.G8 summit to revamp work principles of intl finance organisations.

L' AQUILA, July 9 (Itar-Tass) - The G8 leaders will discuss on
Thursday a reform of international financial institutions, adaptation to
changed realities of credit mechanisms, the future of reserve currencies
and unification of statistical standards of economies.
Along with the leaders, executives of major international financial
and economic organisations will participate in discussions: the Major
Economies Forum, the UN, the IMF, the World Bank, the OECD and presidents
of countries, invited to the summit.
On the second day of work, the G8 leaders will have consultations in
enlarged formats, including eight + five (China, India, Mexico, South
Africa and Brazil) + one (Egypt). "They will sum up the results of the
Heiligendum Process," explained earlier the Russian president's aide
Arkady Dvorkovich. "We shall say of continuing the dialogue."
He noted that the sides will discuss "global challenges and solution
of millennium tasks" in this format, including participation of
international organisations. "There will be still more sessions in even
larger formats: Major Economies Forum (eight + five +Australia, Indonesia
and South Korea), discussions with the participation of the WTO and
Denmark as the forum sponsor on countering global climatic changes,"
Dvorkovich added.
World economic leaders will also pay attention to reserve currencies.
In the opinion of President Dmitry Medvedev, future depends on them.
"States, emitting reserve currencies, are interested that reserves should
be created in their currencies and that settlements should be made in
them," he noted.
"States that use reserve currencies are interested in these currencies
being stable and strong. Therefore, this is mutual interest. But analysts
drew the conclusion now that it is not enough to have two world currencies
and even three world currencies. There should be greater number of reserve
currencies."
"Therefore, we reckon that it is necessary to think of creating
regional reserve currencies," the Russian president stressed. "They cannot
be introduced either by a presidential decree, or by a decision of a
central bank. There should be confidence in economies. But there are now
many powerful players in the world.
"The situation differs from what was 50 years ago." Medvedev believes
that "in actual fact, each part of the world can have its own regional
currency which will be appealing and which will be a reserve one".

.Historians to gather for conference on eve of 70 anniversary of WW II.

MOSCOW, July 9 (Itar-Tass) - The Russian Academy of Sciences hosts on
Thursday historians from various countries for the international
scientific conference "Tragedy of Europe: from 1939 crisis to the attack
of Nazi Germany on the Soviet Union".
The conference is timed to coincide with the 70th anniversary since
the start of the Second World War on September 1, 1939.
"The conference to be held on the sidelines of the meeting of the
Joint Commission on studies of the latest history of Russian-German
relations on July 9-10, will be attended by scholars from Russia, Germany,
France, Poland, the Czech Republic, Lithuania, Latvia and Estonia,"
Itar-Tass learnt at the Academy's Institute of General History.
The Joint Commission on studies of the latest history of
Russian-German relations was established in 1997 at an initiative of the
leaders of the states at that time - Russian President Boris Yeltsin and
German Chancellor Helmut Kohl. It works now under the patronage of Russian
President Dmitry Medvedev and German Chancellor Angela Merkel.
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