India has pledged a $10-billion contribution to the International Monetary Fund (IMF) to help it create an additional $450-billion firewall to resolve the Euro zone crisis. It also posed a key question before G-20 leaders—who would fund the growth requirements of developing, as well as least-developed countries?
Prime Minister Manmohan Singh held bilateral talks with German Chancellor Angela Merkel and Mexican President Felipe Calderon. He also spoke to US President Barack Obama for a couple of minutes on the sidelines of the G-20 summit, before Obama left for his country.
From http://business-standard.com/india/news/india-pledges-10-bn-to-imf-to-bail-out-euro-zone/477907/
Watch these two brief videos to understand what is wrong with eurozone and why it will definitely affect all people on earth:
http://www.youtube.com/watch?v=hx16a72j__8
http://www.youtube.com/watch?v=oAR0VRLRGHE
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