Book Authored (ISBN-10: 0824821599)

Book Authored (ISBN-10: 0824821599)
Sovereign Rights and Territorial Space in Sino-Japanese Relations: Irredentism and the Diaoyu/Senkaku Islands (ISBN-10: 0824824938)

Thursday, December 30, 2010

G7 Is Died/G2-III

The Group of Seven (Britain, Canada, France, Germany, Italy, Japan, and the USA) finance ministers and central bank chefs gathered in Rome, Italy during February 13-14 to figure out the solutions of the financial meltdown. Unfortunately, no specific solution of the financial chaos has been found; merely providing some lip-service statement, which has never stabilized global financial markets. The only good news that came from G7 meeting is that, Timothy Geithner, U.S. Treasury Secretary, called the Chinese to help with recovering from the global recession. The Chinese consumers might be able to lift the world out the global recession. The sad new is that G7 is died because everyone needs to wait until G20 in April when China can participate the meeting. Interestingly, when the 44th President of the United States addressed the joint session of the U.S. Congress on 25 February 2009, Obama mentioned the word “G20,” indicating dying of “G7.”

No comments: