Word: summiteering
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...Summit...
Real leaders, at the Tokyo summit or anywhere...
...misery loves company, leaders attending the annual Group of Seven summit $ in Japan this week ought to feel right at home, for a sadder collection of bruises and black eyes would be hard to find. From John Major of Britain to Kiichi Miyazawa of Japan, the heads of the world's richest and most powerful democracies have been chewed up in a grinder of popular discontent...
...summit has an important script -- coordinating economic policies, stabilizing Russia and rescuing free trade -- but the actors seem far from up to their roles. Says foreign policy analyst Michael Mandelbaum, a friend of President Clinton's who turned down a high U.S. State Department post in January: "What we have in Tokyo is a meeting of the world's strongest countries but the world's weakest leaders." It is, says Michael Aho, a fellow at the Council on Foreign Relations, "the summit of the politically unpopular...
...Tokyo summit neared, Clinton seemed to be attempting to pass the blame for some of America's woes to his G-7 partners. "It's very hard for the U.S. to grow without help from other nations," he said. The Japanese "ought to stimulate their economy and open their markets." Germany, he said, "should continue to lower interest rates," while all the major powers together have to get fully behind the stalled free-trade talks and reach a successful conclusion this year. The homily may have sounded like a whine, but it illustrated the extent to which American power really...