- The Washington Times - Thursday, April 2, 2009

LONDON (AP) - President Barack Obama says there’s no doubt that all the nations at the G-20 summit, including the United States, have had to give ground on some of their top priorities.

Obama says such compromise has been necessary to reach the consensus document produced at the London gathering of the world’s major and developing economies.

But Obama isn’t saying what issues he himself been forced to give way on.

The president says the G-20 leaders had agreed to an overarching program for preventing future systemic breakdowns across the global economy, but he says it remains crucial for each nation to take the steps necessary to attack its individual problems.

Obama says the G-20 meeting is not a “panacea” but is important as a symbol that all the nations present are ready to work together on specific tasks in easing the deep recession gripping the global economy.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide