Barack Obama will make his debut as president on the world stage next week with calls for global economies to use government spending to jumpstart growth and work on a reshaping of the chaotic financial system.
The U.S. president's popularity will likely elicit a warm greeting Europeans when he travels to London for the summit of the Group of 20 major economies on April 2. His remedies for fixing the world economy could face a chillier reception.
European leaders have made clear they will not heed the U.S. call for deficit spending and may prod the United States to move further and more quickly to tighten financial rules.
China has talked of a possible alternative to the U.S. dollar's status as a global reserve currency, in a signal of weakening confidence in America's economic leadership. Read more at Reuters
Friday, March 27, 2009
Obama Readies For European Trip April 2
Update: See Obama's travel schedule here.
