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G20 meet in Toronto

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G20 meet in Toronto


Managing the recovery of the fragile global economy is top of the agenda at the G20 summit in Toronto, a day after the G8.

More members means it is likely to be more difficult to find a consensus – with reported differences of opinion on how exactly to get over the world’s financial crisis.

In the wake of the Greek debt crisis, europeean countries have concentrated on managing down their public deficits – while the US is in favour of boosting growth.

One thing they do have in common – the more developed countries, fully represented here, seem to be the ones in most trouble.

Meeting on the fringes of the summit, UK Prime Minister David Cameron and his US counterpart Barack Obama were keen to show there was no rift in their relationship.

They dealt with Afghanistan, BP and their economic policies in their first face-to-face talks.

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