Word: summits
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...star wattage will get you only so far. In the run-up to the G-20, continental European powers such as France and Germany made it clear that they viewed with distaste the principal U.S. prescription for recovery: a massive fiscal stimulus to boost demand. Similarly, at the NATO summit to follow the G-20 meeting, Obama could expect to be met with warm words but few pledges of the troops he would like to augment U.S. forces in Afghanistan...
...Sudan A Waltz with Bashir Sudanese President Omar Hassan al-Bashir brazenly defied an international warrant for his arrest by embarking on a six-country regional tour. Several leaders expressed solidarity with al-Bashir during a March 30 Arab League summit in Qatar and accused the International Criminal Court--which on March 4 charged him with committing war crimes in Darfur--of placing a double standard on Arab countries...
...most effective weapons are often the ones never used. Just ask French President Nicolas Sarkozy. In advance of the G-20 summit held in London last week, Sarkozy threatened to storm out of the talks if hedge funds weren't put on a tight leash as part of efforts to cope with the global financial crisis. Leaders agreed to regulate hedge funds more tightly - and Sarkozy remained in his chair...
...preserve the value of their holdings. Besides, replacing the dollar would demand a level of cooperation among the world's major economic powers that is difficult to achieve. Although China and Russia reiterated their calls for reform of the global currency system at last week's G-20 summit in London, the issue barely got any talk time. (See pictures of London protesting the G-20 summit...
...Thursday night, after the G-20 summit ended, Obama took so many questions from the foreign press, including British, Indian and Chinese reporters, that a group of them applauded when he left the stage. Two American reporters asked Obama for his response to the claim by Brown that the "Washington consensus is over." Obama all but agreed with Brown, noting that the phrase had its roots in a significant set of economic policies that had shown itself to be imperfect. He went on to talk about the benefits of increasing economic competition with the U.S. "That's not a loss...