Mini Kapoor

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Mini Kapoor

Obama, world want bold signs at G-20

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With global anxiety rising, US President Barack Obama is searching for bolder, swifter signals from Europe that it will contain its financial mess and keep it from torpedoing the US economy and his re-election chances along with it.

A looming, perilous Greek election and Europe's internal politics are controlling the debate.

Given the teetering global economy and the breadth of leaders about to gather in Los Cabos, the Group of 20 summit meeting carries the weight of expectations it is not likely to meet.

Most of its members are not part of Europe and they have no power to drive how the continent manages its crisis, although they do come looking for signs of progress and urgency.c

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