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Thursday, April 2, 2009

Six questions for G-20 leaders

The leaders of the 20 biggest economies meet in London Thursday to discuss how to fix the economic crisis. Here's a scorecard to gauge whether the gathering is a success.The G-20 meeting taking place in London Thursday has rapidly turned into a viper's nest of grievances -- and a potential minefield for President Barack Obama on his first big international foray. Behind the scenes, officials are scurrying to find points of agreement, and are sure to play them up in the final communiqué.Barring a public shouting match, the leaders are likely to insist that their gathering was both upbeat and harmonious. But what's really going to happen? Who will emerge as winners and losers? And how will the world be able to judge whether the brief, one-day confab was a historic turning point or an abject failure?Here's a quick guide to the meeting. For the summit to be considered a success, at least two or three of these points will need to be resolved.
  1. Will the G-20 truly restructure the IMF?
  2. Will Germany cough up more stimulus money?
  3. Will Obama and Brown get serious about financial regulation?
  4. Will G-20 leaders denounce protectionism?
  5. Will Obama make nice with the dollar?
  6. Will the leaders kick the bankers?

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