2009 G20 London summit London Summit and to co-ordinate their actions. The meeting was organised at the initiative of German Chancellor Angela Merkel. The leaders agreed that markets, financial institutions and the wide range of financial assets they create, and hedge funds should be subject to appropriate control. In addition, they called for effective sanctions against tax havens. They also agreed to impose sanctions against countries that intend to undermine their work. Finally, they advocated the doubling of funds available to the IMF. Finance ministers and central bankers of the G20 met in Horsham on 14 March 2009 to prepare for the London Summit.
2010 G20 Toronto summit made a huge mistake in holding this summit in downtown Toronto." According to the "Toronto Star", at least 40 stores in the Downtown Yonge Business Improvement Area suffered damages and one repair firm performed up to in repairs. On June 17, the United States Department of State issued a travel alert for Toronto, warning tourists of the expected traffic disruptions and potentially violent protests during the G20 summit. The alert, which was expected to expire on the last day of the summit, stated that "Even demonstrations that are meant to be peaceful can become violent and unpredictable." Toronto Mayor David