June 18th, 2012
01:40 AM ET

G-20 summit looks to boost sluggish global economic recovery

Leaders from the world's largest industrialized and emerging economies kick off the G-20 summit in Mexico on Monday with the aim of boosting a sluggish global economic recovery.

Officially the summit will largely focus on one of the primary causes of the recovery's lethargy, a persistent weakness in the 17 countries that use the euro as their national currency.

Preparing for the meeting in the wake of parliamentary elections in Greece - arguably the most troubled country in the eurozone - White House officials expressed optimism that the new Greek government would remain committed to a solution that would keep the country in the European monetary union.


Filed under: Barack Obama • U.S. • World
soundoff (7 Responses)
  1. Mary

    This is not just an issue for Europeans. as the White House officials would like the euro to stay; how else would we make our profit off of the EU, world’s biggest trader.

    June 18, 2012 at 2:31 am | Report abuse |
  2. Mary

    What more could one want than to have the American military in one hand and the BIS in the other.

    America being a (gigantic hammer) and the remaining countries (being the nails) to be invaded, occupied, and puppets installed.

    With this the worlds leaders will one day "peace has been achieved"
    Is that it in a nutshell ?

    June 18, 2012 at 4:06 am | Report abuse |
  3. Let them eat cake

    All Russia wants is a secure and useful warm-water port in the area. If the G20 could guarantee a secure port, then whatever is left, like arms contracts, etc., could be negotiated and perhaps also guaranteed for Russia and China.
    Then the question becomes what do we do with Assad? Let his citizens hang him? And what of his military government he has been building up for years? They are mostly his cronies. We need to completely remove Assad and most of the Syrian government or else this is going to take decades with Assad being replaced with another vicious dictator time and time again.

    June 18, 2012 at 4:41 am | Report abuse |
  4. saywhat

    Of course its always what we want and the Russians want and now what China wants. Removing Assad is not going to change all that. Do you think people have mattered any time?
    I have doubts whether any good would come out of this Summit. Hard to anticipate leaders agreeing on any issue but to disagree.
    Well you seem to have hit the nail on the head. But this " hammer" has been losing its 'Thor' powers and falling more and more on 'nails' which could be driven in by your thumb, if you will.
    Hope you are having a good one.

    June 18, 2012 at 10:14 am | Report abuse |
  5. Mary

    "driven in by your thumb" 🙂 lol
    It's always better when i run into you saywhat. Likewise to you as well.

    June 18, 2012 at 11:30 am | Report abuse |

    At the announcement of the G-20, Mr Romney proudly stood and proclaimed, "BINGO!"

    June 18, 2012 at 2:13 pm | Report abuse |
  7. chrissy

    lol @ PEDO BEAR, 2 funnies in l day. Gonna have to put you on the payroll soon! 🙂

    June 18, 2012 at 2:40 pm | Report abuse |