Business News
US won't make stimulus demands at G20, White House says
Mar 29, 2009, 2:36 GMT
Washington - US President Barack Obama will not make demands for new economic stimulus programmes by the other members of Group of 20 (G20) top economies in London this week, although it maintains significant stimulus remains critical.
'Nobody has asked and nobody is asking any country to come to London to commit to do more right now,' Mike Froman, the White House deputy national security advisor for international economic affairs, said.
Washington has indicated in recent weeks that it wants European governments to follow the US by spending billions more in economic stimulus, a move most of Obama's counterparts, particularly German Chancellor Angela Merkel and French President Nicolas Sarkozy, have flatly rejected.
But briefing reporters Saturday ahead of Obama's trip, spokesman Robert Gibbs appeared to play down any differences among the leaders.
'The president and America are going to listen in London, as well as to lead,' Gibbs said.
White House officials insisted there was a broad consensus on action to restore the economic amid the global recession.

COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
