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Britain / G-20 Summit / A Discussion #938504

ABC Evening News for Thursday, Apr 02, 2009
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(Studio: Charles Gibson) The end of the G-20 summit held in London, England, reported; photos of the world leaders shown.

(London: Jake Tapper) President Obama's attempt at a global fix featured; details given about loans to developing countries, a commitment to regulate financial institutions & a new international watchdog & about the lack of commitment to stimulus measures. [OBAMA - calls the meeting historic; states the steps taken will be critical in preventing a depression; notes some of the contagion started on Wall Street.] [British Prime Minister Gordon BROWN - says we have reached a new consensus: global action taken together.] The issue of American leadership in the world noted.

(Studio: Charles Gibson) Earlier discussion held with Goldman Sachs' Bob Hormats & Peterson Inst. for International Economics C. Fred Bergsten about the G-20. [HORMATS - says 20 major economies agreed on a great deal.] [BERGSTEN - says this is the biggest economic expansion program ever & is a response to the global crisis; agrees this does represent a new world order: the globalization of economic decision-making.]

Reporter(s):
Gibson, Charles;
Tapper, Jake
Duration:
00:05:50

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