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G20: A New World Order

(November 13, 2008) With the financial crisis in full swing, the leading economic countries, the G7, are now turning to developing nations for support and guidance. President Bush is hosting the first in a series of meetings called the G20 that will include economic powerhouses like China, Russia and Brazil. But, these countries want more say in future economic decisions. With their huge reserves of foreign currency and fairly stable economies, a new world order could be on the horizon.


SOURCES: KBS News, South Korea; Al Jazeera English, Qatar; CCTV, China; TVE, Spain; BBC World, U.K.; CNN, U.S.

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Added: Nov-14-2008 
By: benchmark
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Tags: financial crisis, economic, President, Bush, China, Russia, Brazil, new world order,
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