For quite sometime now the world has have a very bad view of the Unites States, with the advent of President Barack Obama I see a rise in the amount of people who are now willing to sit down and talk with us. It was not easy for this point to be accomplished but is has now been sometime overdue. For many years people wonder why other country dislikes the United States and they failed to recognize that we created a monster. With our world class economy and being the most industrious country we have had major edge at the table so to speak. With this edge we have forced our agenda on other countries, which created this bad image.
Dictatorship way of doing things is no longer an option, its very old, as Obama right fully said this morning at the town all meeting in France this morning, we came here to listen and negotiate, which was well received by the Europeans’ my only hope is that all these countries with G20 status will carry out the agreement they agreed to at the meetings.
The London-basenancial Times said the "world is better for having held this summit".
The newspaper welcomed the pledge to increase resources for the International Monetary Fund (IMF) and to boost world trade.
But it described the detail on future fiscal stimulus and cleaning up the banks as "disappointingly thin".
"Leaders must remember that the crisis, which started in the banking system, will not be resolved until the banking system itself is fixed," its editorial said.
Kenya's Business Daily warned of the need to overhaul post-World War II multilateral institutions.
"At the moment [the G20 countries] are pushing for protective measures with little regard to what happens to the developing nations. Such protectionism will surely lead to failure," it said.
Botswana's Mmegi also said it was time to "revise the global financial architecture".
"Africa played no role in triggering the current crisis. Yet a prolonged global slowdown will have a serious impact on economic development on the continent, with the attendant risk of aggravating poverty and other social problems."
China's Beijing News said the common understanding reached by the G20 leaders had gone beyond people's expectations.
The world, it said, needed co-operation from every country because the global economic crisis could only be solved at a global level.
China's People's Daily agreed, saying such co-operation was vital for a speedy recovery of the world economy.
"As a responsible big developing nation, China is beefing up co-operation with other nations to cope with the crisis to the best of its ability."
The pan-Arab al-Quds al-Arabi said that while the summit achieved some positive results, "it focused on rescuing the rich and approving some regulations to prevent a repeat of the recent collapse. But it ignored the poor, who are the majority in the world."
The pan-Arab al-Arab al-Alamiyah said: "The key issue is not how big or how small the IMF's budget should be, but its policies and their link to the United States.
"The US has constantly played a role in facilitating IMF loans to countries that have special relations with her. This explains the lack of enthusiasm among EU states to beef up the fund's budget."
Ridwan Assayed in the pan-Arab al-Sharq al-Awsat said: "Sometimes disasters are necessary to bring about a change… the change I mean is not only economic but also political and strategic… there are now new economic powers... These new powers do not share the opinions of traditional western capitalist states."
This leads me to my question; do you think we will ever be able to achieved world peace? No matter how much you try people will always have a bad perception so how do we clear the air for peaceful negations’?
In my perspective the U.S is at a better standing in the world that I was before this G20 summit, that speech that The President gave in Frances was a good gesture in reconciling our differences with the French. Nicolas Sarkozy was ready for a changes and Obama was the man to make the appeal to the world.
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