A push develops for countries other than the U.S. to spend more on stimulus
Editor | Mar 08, 2009 | Comments 0
: Americans are suffering from a serious case of bailout fatigue, and even with his high popularity, President Barack Obama does not seem to be in a position to ask for more financial rescue funds now. With a global downturn deepening and banks still in disarray, this suggests the rest of the world will have to come up with a stronger response as rich nations battle recession and developing countries scramble for aid. A broader response is likely to be a hot topic of discussion when finance leaders from the Group of 20 industrialized and developing nations meet in southern England, starting Friday. The gathering will be a precursor to a summit…
Filed Under: Business News
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