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The g20. It goes by fast. Before i take your questions, let me put into context what we have done over the course of all of these g20 meetings. I think back to april, 2009 when hundreds of thousands of americans were losing their jobs and their homes each month and unemployment was on its way to 10 . Around the world, for the first time in a generation, the Global Economy was contracting. The International Financial system was nearly frozen. By several key measures, the Global Economy was on a worse trajectory than the great depression. The size and the scope of the crisis was not what made that london g20 historic, what made historic with the speed and magnitude of our collective response. One nation cannot solve the problem alone so together, develop and developing nations alike took a comprehensive and unprecedented set of actions to prevent another depression and set the stage for recovery. Most important was to create jobs and growth estimate we can demand across our economies. Am
VietnamRepublic-ofHaitiAlabamaUnited-statesNevadaPlainfieldCabanatuanPhilippinesParisFrance-generalFranceThioiaun i eaet made that london g20 historic, what made historic with the speed and magnitude of our collective response. One nation cannot solve the problem alone so together, develop and developing nations ande took a comprehensive unprecedented set of actions to prevent another depression and set the stage for recovery. To createtant was jobs and growth estimate we can demand across our economies. America led the way. By then, and just my first 10 or so weeks as president , we have passed the recovery act. Set in motion plan to rescue our auto industry. Stabilize the banks. Jump start loans to Small Businesses and lunch programs to help homeowners launch programs to help homeowners refinance and stay in their homes. Coming,lize the global we rejected the protectionism. We cooperated to keep markets open and trade finance opening. Financial system lending capacity to respond to country searching the most. Future prevent super thnanciagulatotemd 29. O reform ioba tears. Turn theo did
VietnamRepublic-ofUnited-statesJapanNevadaPlainfieldCabanatuanPhilippinesParisFrance-generalFranceWashingtonProcess for one of the Nations Nuclear plants delegates from across china have ramped up an annual political gathering they finish this section of the National Peoples Congress Politicians have address complaints about corruption pollution and the gap between rich and four the delegates been for nine days in meeting and approve plans for the year ahead leaders have said that Economic Growth target for two thousand and fourteen of our rounds seven and a half percent. They included bad target in their budget and can also increase spending on defence by more than twelve percent to about one hundred and thirty billion dollars but some delegates didnt agree with the approach to tackling corruption has prosecutors submitted a report on your pets abuse their power. About seventy percent of delegates who cast ballots either voted again east or abstain from approving the report the order. It was. China is a country ruled by a long gone regardless of his or her ranking everyone is equal under th
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