G-20 summit shows global unity to fight recession

Friday, April 03, 2009

Before heading off to celebrate NATO's 60th birthday, world leaders heralded the show of unity at the G-20 summit. Their strong showing lifted global markets and mapped out a new future for financial regulation. Despite struggling to bridge deep divides over how to revive a paralyzed global economy, the leaders of the world’s largest economies agreed Thursday to bail out developing countries, stimulate world trade and regulate financial firms more stringently. For a recap of the outcome of the G-20 we turn to George Parker, political editor for the Financial Times.


George Parker

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Femi Oke

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