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Obama Claims Strengthened Hand in Global Dealings
By not in system - AOL News
YOKOHAMA, Japan (Nov. 12) -- President Barack Obama claimed a stronger hand on the world stage Friday despite electoral defeats at home, failure to get a free-trade agreement with South Korea and lackluster international support for his get-tough policy with China on trade and currency disputes. "It wasn't any easier to talk about currency when I was first elected and my poll numbers were at 65 percent," Obama argued at the close of the G-20 summit, after bluntly accusing Beijing of undervaluing its currency. The president flew to Japan for the APEC summit without the coveted trade pact with ...
G-20 Struggles to Find Common Ground on Disputes
By not in system - AOL NewsSEOUL, South Korea (Nov. 11) -- A strong sense of pessimism shrouded the start of an economic summit of rich and emerging economies Thursday, with President Barack Obama and fellow world leaders arriving in Seoul sharply divided over currency and trade policies. The Group of 20 summit, held for the first time in Asia, has become the centerpiece of international efforts to revive the global economy and prevent future financial meltdowns. Failure in Seoul could have severe consequences. The risk is that countries would try to keep their currencies artificially low to give their exporters a ...
Michelle Obama Will Make International Hostess Debut at Pittsburgh G-20 Summit
By Lynn Sweet - Politics DailyIf you think First Lady Michelle Obama gets scrutinized on her overseas trips, just wait till she hosts spouses of international leaders at a summit in Pittsburgh Sept. 24-25, where the global economic crisis will top the agenda. The "Pittsburgh Summit 2009" is a meeting of the G-20, the Group of Twenty, an organization established in 1999 to bring together major world leaders to deal with global economic issues. The G-20 gathered in London last April. The East Wing is now planning Mrs. Obama's activities, working with the State Department. "She will host the spousal program," Mrs. Obama's ...
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