Word: joint
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Dates: during 2000-2009
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With the fiscal stimulus issue neatly sidelined, the crucial sticking points are around how to remedy the structural and regulatory problems that led to the crisis. Merkel and Sarkozy expressed fears at their joint appearance that there will be insufficient commitment to regulating the financial markets and to clamping down on tax havens. A list of such havens could be published at the summit "or in a couple of days," said Sarkozy yesterday, but further delay would be unacceptable. British officials say they support publication of such a list. The point of disagreement is on timing, but there's optimism...
...Foreign and Commonwealth Office that was designed at the height of Britain's colonial powers, plans were afoot to challenge a stage-managed G-20 consensus. Demonstrators took to the streets, and French President Nicolas Sarkozy and German Chancellor Angela Merkel sent out invitations to their own joint London press conference, to signal their determination to resist any Anglo-American pressure for additional fiscal stimulus and to highlight their demands for stricter financial regulation. They are not the only G-20 leaders to arrive in London with agendas that reflect divergent approaches to the economic crisis - and differing domestic pressures...
...asked President Barack Obama directly about the elephant in the room on Wednesday. But he brought it up anyway, during a joint press conference with British Prime Minister Gordon Brown. A British reporter asked Obama about the proper size of government stimulus spending, and the U.S. President decided to talk about the perilous balance of global trade...
...This issue popped up again, in the most oblique way, later on Wednesday, when Obama met with Chinese President Hu Jintao. Although the issue of imbalances was not raised directly by either man, according to a senior U.S. Administration official, the joint statement released by the two nations said both countries want to deal with the underlying causes. "[Obama] underscored that once recovery is firmly established, the United States will act to cut the U.S. fiscal deficit in half and bring the deficit down to a level that is sustainable," the statement reads. "President Hu emphasized China's commitment...
Nixon was the first U.S. president to visit the Asian nation and the jaunt, which came smack in the midst of the Cold War, was a huge boon for the President's public image. The trip ended with the Shanghai Communique, a joint statement from China and the U.S. that pledged to improve relations between the countries and maintained that Taiwan was part of China, a diplomatic sticking point. At the close of the journey, Nixon crowed, "This was the week that changed the world." (See TIME's 1972 Cover Story "Richard Nixon's Long March to Shanghai...