Obama Sends a Message Out For Co-operation

Nov 10, 10 Obama Sends a Message Out For Co-operation

Obama released a message urging the g20 leaders to cooperate in the upcoming meeting.

Breathes are held, hoping that China and America do not clash regarding issues such as currency and trade. Obama has accused China for corruption and manipulation of their currency to boost Chinese exports.

Others, have said that America’s economic policies, especially its new money creation to pursue Quantitative Easing (QE) may also be seen as a form of currency manipulation in itself.

The two day meetings in South Korea will take up most of the media space, with the attendance of the world’s 19 leading national economies, plus the European Union.

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