sailingaway
11-04-2011, 10:12 PM
http://business.financialpost.com/2011/11/03/g20-prepares-to-bring-out-the-big-guns/
Seeking to tackle the imbalances that set the stage for the 2007-09 crisis, such as the gaping U.S. trade gap and the corresponding surplus in China, the G20 had initially named seven countries that should take action: the United States, China, Japan, Germany, France, Britain and India.
All 20 are now expected to promise measures, with France set to pledge billions of dollars in budget cuts.
Seeking to tackle the imbalances that set the stage for the 2007-09 crisis, such as the gaping U.S. trade gap and the corresponding surplus in China, the G20 had initially named seven countries that should take action: the United States, China, Japan, Germany, France, Britain and India.
All 20 are now expected to promise measures, with France set to pledge billions of dollars in budget cuts.