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6/26/10

G20 set to tackle sharp differences over economic policy - by Les Whittington Bruce Campion-Smith

The fledgling G20 faces its first real test this weekend as world leaders arrive in Toronto sharply divided over how to keep the global economy from sliding back into recession.

The group, which includes the United States, Canada and other rich nations as well as newly developed economic powerhouses such as China and India, came to prominence in 2008 in a unified campaign to combat the spreading recession. Together, they have pledged $5 trillion in economic stimulus spending.
But now summit host Prime Minister Stephen Harper is confronted with a deep split over economic policy that pits U.S. President Barack Obama against European leaders such as German Chancellor Angela Merkel and British Prime Minister David Cameron.

G20 set to tackle sharp differences over economic policy - thestar.com

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