G20 - Will World Leaders Finally Take Actions?

What do you think?

Hmmn. Britain's bid to rein in its record deficit by imposing spending cuts and tax increases has won international endorsement at the G20 summit in Canada.

A communique, agreed by the leaders, acknowledged that countries with large budget deficits, need to "accelerate the pace of consolidation.

Giant banks, while bracing for a wave of tougher regulation in Washington, will not have to face a new set of global rules on capital and liquidity anytime soon.

The United States Treasury secretary, Timothy Geithner, said that progress was being made on new capital standards, although disagreements remained.

How do we think Geithner is shaping up? 

They are spending millions of dollars in having this kind of events, and cannot see any results...

Have a look to this article: http://www.msnbc.msn.com/id/37901237/ns/world_news-americas