The G-20 meetings in Mexico over the weekend might actually have accomplished something. Mexico was today invited to join the nine countries, including the U.S., currently negotiating the Trans-Pacific Partnership (TPP), an investment and trade agreement. If nurtured properly, this development has the potential to improve the global trading system. …
Today, President Barack Obama and Russian President Vladimir Putin are meeting at the G-20 summit in Cabo San Lucas, Mexico. This meeting is likely will be tense, as the two leaders have fundamentally different agendas regarding some of the most pressing international problems. While President Obama is worried about his …
President Barack Obama returned from Asia yesterday, and the headlines greeting him home are not kind. “Obama’s economic view is rejected on world stage,” reads The New York Times; “Obama, weakened after midterms, reveals limited leverage in failed S. Korea deal,” says The Washington Post; and ABC News declares, “President …
20 people with very different backgrounds are unlikely to reach consensus on anything substantial. To forge such a consensus requires leadership. This week’s G-20 meetings produced nothing of substance, which is no surprise because the United States did not lead. First, let’s dispense with the idea that America can’t lead. …
Although Canada’s taxpayers were forced to spend one billion dollars for security at the G-20 Summit in Toronto last weekend, more than 600 people were arrested after a roving bands of protesters shattered shop windows for blocks. At that point, as Mark Steyn points out, the “insecure dweebs of the …
A page on the Canadian Government’s G-20 Toronto Summit website promises payments to citizens “to mitigate adverse financial consequences” as a result of the meeting of world leaders June 26-27. Unfortunately, the adverse consequences being referred to are only those incurred as a result of the security precautions that shut …
In a June 5 communiqué, G-20 Finance Ministers collectively recognized that, recent events highlight the importance of sustainable public finances and the need for our countries to put in place credible, growth-friendly measures, to deliver fiscal sustainability, differentiated for and tailored to national circumstances. The words “differentiated for and tailored …
Back in September, Heritage fellow James Roberts wrote of the G-20 Summit in Pittsburgh: In the past 10 months, the leaders of the G-8 and G-20 nations have met three times at elaborate and expensive summits to address the world’s financial woes. … Originally a Group of Six–France, Germany, Italy, …