Skip to: Content
Skip to: Site Navigation
Skip to: Search
TUESDAY, NOVEMBER 24, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


30

G-20 Saved World Economy: Obama

Leaders agree to stick with stimulus programs until recovery firms up

Share

(AP) – President Barack Obama asserted today that he and other leaders of the world's 20 largest economies took actions that "brought the global economy back from the brink" and saved or created millions of jobs. "We leave here today confident and united," he said at the conclusion of a two-day summit to deal with the worst economic crisis since the 1930s.

He spoke as world leaders lined up behind sweeping promises designed to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. The leaders agreed to leave stimulus programs in place for now until recoveries are more firm. "We must make sure that when growth returns, jobs do, too," he told a wrap-up news conference.

President Barack Obama answers questions during a press briefing at the conclusion of the G-20 summit, Friday, Sept. 25, 2009 in Pittsburgh.
President Barack Obama answers questions during a press briefing at the conclusion of the G-20 summit, Friday, Sept. 25, 2009 in Pittsburgh.   (AP Photo/Gerald Herbert)
President Barack Obama meets with British Prime Minister Gordon brown at the G-20 summit in Pittsburgh, Friday, Sept. 25, 2009.
President Barack Obama meets with British Prime Minister Gordon brown at the G-20 summit in Pittsburgh, Friday, Sept. 25, 2009.   (Charles Dharapak)
President Barack Obama and G-20 summit leaders pose for a group photo in Pittsburgh, Friday, Sept. 25, 2009.
President Barack Obama and G-20 summit leaders pose for a group photo in Pittsburgh, Friday, Sept. 25, 2009.   (Charles Dharapak)
Indonesia's President Susilo Bambang Yudhoyono, center, is seated with Indonesian Finance Minister Sri Mulyani Indrawati, right, as French President Nicolas Sarkozy talks with French official Xavier Musca at the start of the morning plenary session at the G-20 summit in Pittsburgh, Friday, Sept. 25, 2009.
Indonesia's President Susilo Bambang Yudhoyono, center, is seated with Indonesian Finance Minister Sri Mulyani Indrawati, right, as French President Nicolas Sarkozy talks with French official Xavier Musca...   (Charles Dharapak)
South Korean President Lee Myung-bak, left, sits with South Korean Minister of Strategy and Finance Yoon Jeung-hyun during the start of the morning plenary session at the G-20 summit in Pittsburgh, Friday, Sept. 25, 2009.
South Korean President Lee Myung-bak, left, sits with South Korean Minister of Strategy and Finance Yoon Jeung-hyun during the start of the morning plenary session at the G-20 summit in Pittsburgh, Friday,...   (Charles Dharapak)
President Barack Obama answers questions during a news conference at the conclusion of the G-20 summit, Friday, Sept. 25, 2009 in Pittsburgh.
President Barack Obama answers questions during a news conference at the conclusion of the G-20 summit, Friday, Sept. 25, 2009 in Pittsburgh.   (AP Photo/Charles Dharapak)
President Barack Obama answers questions during a press briefing at the conclusion of the G-20 summit, Friday, Sept. 25, 2009 in Pittsburgh.
President Barack Obama answers questions during a press briefing at the conclusion of the G-20 summit, Friday, Sept. 25, 2009 in Pittsburgh.   (AP Photo/Gerald Herbert)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
11.23.09
Books Are Bad for You
30 comments
VIEWING:
 
IN RESPONSE:
DontLikeYou
Sep 25, 09 5:30 PM CDT
This comment has been removed by Newser’s community. You must be logged in to view this comment.
Vote up! Vote down!
-5
IN RESPONSE:
freethemall
Sep 25, 09 5:46 PM CDT
Jealous?
Vote up! Vote down!
0
IN RESPONSE:
Wraith
Sep 25, 09 9:04 PM CDT
dontlikeyou, you know darn well the only one loosing their grip is you and your right wing bunch of census taker hanging Repubs. You tried and failed to elect McCain and his Alaskan Soccer Hooker err Mom, You tried and failed with your birther crap, you tried and failed at causing fear by carrying your guns to town hall meetings and you fail daily each day at being a decent human being so give up and be the dog you are...a loosing old tired greyhound that needs putting out to pasture.....You will never admit the truth, your beloved GW caused the entire damn mess and Obama had to dig your fat rear out the hole, yea, people lost their jobs but this crap did NOT start with Obama it will end with him until you right wingers vote in some other texas Jacka$$ to screw it up by blowing a trillion and a half bucks to grab more oil and money for himself like GW did........Face it hun, you are a failure, your party has been a failure for years and it took GW to show the true face of you bigots and that true face is the face of a looser and a failure...Now go suck a lemon, it will add to your pasty complexion when you put on your pointy hat
Vote up! Vote down!
+6
IN RESPONSE:
cornelison
Sep 25, 09 9:41 PM CDT
For a moment there I thought that you were talking about the former vice-president. Have you been enjoying his softball interviews by the fireside with some "personality" on Fox?
Vote up! Vote down!
-1
IN RESPONSE:
Jayster999
Sep 25, 09 10:04 PM CDT
The G20 pretty much IS the world economy.
Vote up! Vote down!
0

View all 30 comments »

LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

75 Stories

 Pittsburgh G-20 March 
 Proceeds Peacefully 

Demonstration free of violence that marked yesterday's protests

Sep 25, 09 4:11 PM CDT
(Newser) - Protesters again marched in Pittsburgh today while world leaders met at the G-20 summit, but the demonstration has so far been peaceful, in marked contrast to the mayhem that marked yesterday’s rally. The demonstration, organized by the antiwar Thomas Merton Center, made its way across town after an opening... More »

MORE ABOUT:
globalization • Pittsburgh • G20 • protesters • peace movement • economic crisis • march • G-20 • Thomas Merton Center

 G20 Near Deal to Open 
 Economies to Scrutiny 

'Peer review' system will let nations assess each other's policies

Sep 25, 09 6:17 AM CDT
(Newser) - The G20 is on the brink of a deal this morning that will require members to "peer review" one another's economic policies—a substantial shift that will expose the US and China to wider scrutiny from less wealthy countries. The new top table for international negotiation wants less American... More »

MORE ABOUT:
International Monetary Fund • oversight • IMF • global economy • US economy • Chinese economy • peer reviews • G20 • Group of 20

UPDATED

 Iran Confirms Secret 
 2nd Nuclear Lab 

Tehran preempts Obama accusation, admits to underground enrichment site

Sep 25, 09 6:00 AM CDT
(Newser) - Iran confirmed today that it has built a second uranium enrichment site in an underground facility hidden from weapons inspectors—a revelation coming just hours before Barack Obama and other Western leaders were prepared to disclose it. The US has been tracking the secret project for years, officials say, but... More »

MORE ABOUT:
Iran • Barack Obama • IAEA • nuclear weapons • sanctions • nuclear program • International Atomic Energy Agency • nuclear enrichment • G20 • Qom

75 Stories

Copyright 2009 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.



Politics  •  Business  •  World 
TwitterFollow @NewserPolitics on Twitter

 
G20

from our news partners