Posted on 03/14/2009 5:30:56 AM PDT by allmost
London (IANS): India is looking at President Barack Obama to signal renewed US global leadership and engagement by rejecting protectionist pressures at the coming summit of the Group of 20 (G20) countries.
The April 2 summit, which will be attended by Prime Minister Manmohan Singh - a respected economist who has dealt with international economic issues for four decades - has been called to combat the global financial crisis.
But the success of the summit in coming up with an action plan that will lay the roadmap to a recovery will depend largely on US leadership, according to sources at the G20 finance ministers' meeting that kicked off Saturday.
"It's a political issue: leaders are finding it difficult to resist protectionism under populist pressures, but protectionism is a sure way of killing any economic recovery," the sources said.
"This is what leadership is all about."
(Excerpt) Read more at hindu.com ...
yeah... good luck with that Obambi
I winder when the last time was that other countries had to TELL us to act like leaders
A pity American leadership isn’t available now or for the next 4 years ... however, our guy can vote “present” all day long with the best of them.
Good luck with that from Slumdog Geithner!
“act as leaders” translates as “open your wallet”
Can the entire G-20 be hypnotized by an empty suit with two teleprompters?
popcorn time
I could see Geithner resigning from the stress here shortly. The administration is going to need a fall guy later this year anyway.
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India is looking at President Barack Obama to signal renewed US global leadership it’s a joke right?
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