Thursday, 2 April 2009

History: President Obama in London (G20 Summit) feedback on the Summit

President & First Lady Obama with The Queen and her Husband


Arriving @ Number 10 Downing StreetPresident & First Lady Obama with Prime Minister and his wife (Prime Minister of U.K)

I would have been chuffed too
Obama's inside Prime Minister's Crib
Some important stuff being said...lol

The Summit was more complex than one may care to understand. The long and short of what I understood from it is ,financial markets i.e banks, loan companys, credit raters will closely be regulated. They also gonna try help developing countries..talking figures like $250 billion, also they saying $1trillion is the figure which will need to be pumped into the global market. Also interest rates @ banks are gonna be lowered.. there seems to be a general consensus on eradicating the issues.Lets see what happens... Also this was Obama's first official visit as president of the U.S.A.. Dunno if I was the only 1 excited..it still feels like a movies seeing this man on tv, motorcade, speechs etc....crazy..enjoy the pics too

The U.K and the U.S
The G20 Leaders

Obama rollin deep in London

These were the main points in the g20 statement

We have today therefore pledged to do whatever is necessary to:

· restore confidence, growth, and jobs;

· repair the financial system to restore lending;

· strengthen financial regulation to rebuild trust;

· fund and reform our international financial institutions to overcome this crisis and prevent future ones;

· promote global trade and investment and reject protectionism, to underpin prosperity; and

· build an inclusive, green, and sustainable recovery.



pics and news via Via bbc.co.uk

1 comment:

ogechi said...

I like the way you have covered OBAMAMANIA in London.This is certainly history in the making!