Tuesday, June 19, 2012

World leaders weigh stimulus vs. austerity at G-20

 

Leaders of the G-20 and guests, from left, FAO Director-General Jose Graziano da Silva, Australia's Prime Minister Julia Gillard, President Barack Obama, Spain's Prime Minister Mariano Rajoy, Germany's Chancellor Angela Merkel, China's President Hu Jintao, Cambodia's Prime Minister Hun Sen, India's Prime Minister Manmohan Singh, Mexico's President Felipe Calderon, Colombia's President Juan Manuel Santos and British Prime Minister David Cameron pose for the family photo of the G-20 Summit in Los Cabos, Mexico, Monday, June 18, 2012. (AP Photo/Andres Leighton)With major European economies on the brink of collapse, world leaders concluding an annual Group of 20 meeting were left Tuesday with two different paths to ease the financial crisis: Spend more to try to stimulate growth or slash budgets in a bid to restore investor confidence.

World leaders weigh stimulus vs. austerity at G-20
Tue, 19 Jun 2012 20:31:19 GMT

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