A sufficiently thick and dense flaring magnetic loop is shown to be able to support global sausage magnetoacoustic modes. The oscillation period of this mode, calculated in the straight cylinder approximation, is determined by the length of the loop, not by its diameter, as it has previously been assumed. For the existence of this mode, the ratio of the loop length to its diameter is to be less than about a half of the square root of the density contrast ratio. This mode has a maximum of the magnetic field perturbation at the loop apex and nodes at the footpoints. We demonstrate that the 14-17 sec quasi-periodical pulsations of microwave emission, oscillating in phase at a loop apex and at its legs, as observed with the Nobeyama Radioheliograph, are interpreted in terms of the global sausage mode.To search for other articles by the author(s) go to: http://adsabs.harvard.edu/abstract_service.html