Two women (Merkel of Germany and Kirchner of Argentina) and their 18 male colleagues from the other G20 countries are meeting in London tomorrow to try and lay out a roadmap for addressing the global financial crisis. The London Summit is supposed to focus on stabilising the world economy and laying the foundation to restore growth and jobs. Stimulus packages, global financial regulation, trade financing as well as trade protectionism are all on the table. Because countries like China, India and Brazil are in the group the G20 boasts of not only representing more than 85% of the world’s GDP but also about two thirds of the world population. (more…)  Read the rest of this entry »