April 3, 2009
G-20 includes announcements of agreement in several areas, but leaders “deferred many of the trickiest decisions or forwarded them to international institutions unaccustomed to the responsibility.” The International Monetary Fund was the biggest recipient, with a quadrupled financial commitment worth over $1 trillion. But expecting the IMF to fix the global economy is a stretch.
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April 3, 2009
Liam Fox, UK Shadow Secretary for Defense, calls for more steel in the spine as geopolitical threats Russia, Asia, and the Middle East grow. “This is where our social attitudes, our political direction and our national security converge — in the crucial question about the state of our national resilience.” Words America should heed.
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