G20 summit: three big agenda items for world leaders

Christian Science Monitor by Ron Scherer | Sep. 24, 2009 (News Report)

President Obama hosts his first summit of world leaders starting Thursday, a gathering of the G-20 nations that, for the most part, are just starting to recover from the worst economic cataclysm since the Great Depression. Now they must decide whether to keep interceding, by pouring more government money into their respective economies, or whether to back off that strategy. Full Story »

Posted by Derek Hawkins

See All Reviews »

View

3.4

by Manfred Ostrowski - Sep. 25, 2009

The article offers a CSM view of the major issues expected to be discussed at the G20 summit. Although a continued fiscal stimulus is opposed by Germany, Ron Scherer seems to expect national leaders will reach "agreement" on pouring more government money into their economies. The EU topic of financial regulation receives not much attention in Ron Scherer's article.

It will be hard to convince Germany of the importance of a continued stimulus.

The major issue is whether the leaders will agree to continue a global fiscal stimulus