1. G-20 Summit Focuses on Impending Devastation for European Countries
One of the primary focuses for the summit was the global economy's slow recovery, particularly pointing to the impending collapse of the European currency that would devastate the instable economies of the majority of the 17 countries that use the euro (CNN). ... Even though the statement will likely reiterate the indecisiveness of the group, it will not enforce increased spending unless the current conditions continue to decline. ... Following the summit, Europe announced its intent to focus on Greece's struggles by implementing a more integrated financial system and improving e...
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- Grade Level: Undergraduate