G-20 Cooperation Collapsing?
Spiegel interprets envy and egotism at this year’s G-20 summit as a sign the days of close cooperation among the world’s big 20 economic powers may have ended.
The days of close cooperation among the world’s big 20 economic powers may have ended. With the economic recovery, displays of envy and egotism have reared up at this year’s G-20 summit in Seoul. German Chancellor Angela Merkel is on a confrontation course with Washington over trade policy. The plan concocted by South Korean organizers of the G-20 summit is cunning. Anything negotiators fail to agree on before the start of the actual G-20 summit on Thursday night in Seoul will be left off the table when the world leaders assemble. …For now, though, success looks very far off.
