Group of 20 officials meet in Scotland

ST. ANDREWS, Scotland, Nov. 6 (UPI) -- Group of 20 finance ministers met Friday in St. Andrews, Scotland, as part of the most recent talks to improve the world's economic situation, officials said.

G20 officials created an agenda for the two-day meeting in St. Andrews that includes discussions of a possible International Monetary Fund central reserve instead of separate reserves held by individual successful countries, the BBC reported.

Some emerging countries, such as Brazil, oppose the proposal to limit the high number of government reserves.

Meanwhile, the French government is urging fellow G20 members to institute regulations meant to curb excessive banker bonuses, as per an agreement from prior G20 meetings.

The BBC said Saturday's talks are expected to focus on whether richer, more developed countries will provide financial support to developing counties so those poorer nations can better fight climate change.

Finance ministers from countries like China, India, Japan and Russia have joined U.S. Treasury Secretary Timothy Geithner for the St. Andrews talks.