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Bush End Game
George W. Bush's presidency since 2007

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George W. Bush's presidency from 2005-06

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George W. Bush's presidency, 2000-04

Who Is Bob Gates?
The secret world of Defense Secretary Gates

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Recounting the controversial campaign.

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The Dark Side of Rev. Moon
Rev. Sun Myung Moon and American politics.

Contra Crack
Contra drug stories uncovered

Lost History
America's tainted historical record

The October Surprise "X-Files"
The 1980 election scandal exposed.

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Evaluating the G-20

April 3, 2009

President Barack Obama and the leaders of 19 other large economies came out of the G-20 summit without many concrete measures – beyond pledging support for hard-hit poor nations – but at least achieved a rhetorical consensus on the need for global cooperation.

Political economist Leo Panitch says that despite the joint statements about the need for a fairer world order, the summit fell far short of what was needed to solve the daunting financial challenges.

(The story summary continues below.)

In effect, Panitch says the G-20 leaders were more interested in salvaging the “old new world order” of the 1980s and the 1990s than in addressing the regulatory challenges of the emerging global banking paradigm that has grown beyond the control of nation states. is an independent news network that produces stories of global interest. 

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