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Jakarta Post

New economic world order emerges

  • Mustaqim Adamrah


LONDON   /   Fri, April 3 2009   /  08:53 am

Well seated: President Susilo Bambang Yudhoyono, sitting beside his American counterpart Barack Obama, delivers a speech during the G20 Summit in London on Thursday. In his speech, Yudhoyono expressed a desire for the summit to produce a concrete strategy for tackling the global financial crisis. Courtesy of Presidential office/Dino Pati Djalal The world’s 20 most powerful economies ended their summit Thursday with a set of measures that are hoped to function as a panacea to immediately cure the failing global economy. Leaders of the G20 member countries walked out of the group’s summit venue in London with a united optimism of turning the course of the world’s economy into a more transparent and accountable financial system. The group said in a statement that confidence would not be restored until trust in the financial system had been returned. “Strengthe...