The veteran shot five birdies and three bogeys to lay alongside England's Paul Casey, while Spain's Miguel Angel Jimenez and Retief Goosen of South Africa are well placed on three under.

BBC: O' Malley shares lead in Munich

Alongside our efforts to lay a new foundation for economic growth, we must follow through on our common commitment to raise living standards across developing countries and to make smarter investments in areas like agricultural development and food security.

WSJ: Lawrence Summers and Timothy Geither: Our Agenda for the G-20