Last minute deal on trade barriers reveals strong divide at the G20 summit

Wednesday, June 20th 2012 - 06:52 UTC

Full article 12 comments

World leaders extended by one year their vow not to put up new trade barriers at the G20 summit on Tuesday in a last-minute deal that exposed deep rifts over protectionism. Read full article

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Britworker
Perhaps allowing the worst culprit to parade around like she has a legitimate reason to be at the top 2o performing countries, was not an example the G20 should have been setting, as Mr Cameron stated. Is Argentina even in the top 30? Seriously, what were they doing there? It's like inviting the owner of a popcorn stand to a directors AGM.
Jun 20th, 2012 - 07:44 am - Link - Report abuse 0
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The Cestrian
something else for RG Land to ignore.
Jun 20th, 2012 - 07:57 am - Link - Report abuse 0
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Idlehands
How can they extend a deal when it's clear many G20 members ignore it anyway?

May as well agree that the sea is pink.
Jun 20th, 2012 - 08:32 am - Link - Report abuse 0
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rnbgr
G-20 just another talking shop. The media does not cover it like they used to and a number of countries ignore the commitments after leaving te meeting
Jun 20th, 2012 - 01:22 pm - Link - Report abuse 0
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yd1982
#1: In an alternate universe where Argentina has fulfilled its potential (and the politics have been much better than in real life), Argentina is indeed in the top 20 - and is quite a dynamic economy!

P.S. I was born the very same day that the Falklands War ended - June 14, 1982.
Jun 20th, 2012 - 06:34 pm - Link - Report abuse 0
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ChrisR
1 Britworker

Argentina is a member of the G20 in their own right.

Apparently, the wealthy members of the G20 decided that there should be a country with financial problems and other difficulties on the committee to remind them that not all countries were as wealthy as their own.

Argentina was selected, and I kid you not.
Jun 20th, 2012 - 06:37 pm - Link - Report abuse 0
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ElaineB
@6 Yeah, I heard that. But also there was an element of inviting the belligerent child to the table hoping they would start acting like an adult in world politics. I honestly don't think the Argentine government is interested in growing up, they would have to stop stealing from the population.
Jun 20th, 2012 - 06:58 pm - Link - Report abuse 0
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Britworker
@6
So let me get this right, they were invited so that the wealthy countries can keep in touch with the desperate and unruly, a bit like the Queen throwing a duffle coat on and nipping out for a kebab. Have I got it right?
Jun 20th, 2012 - 07:08 pm - Link - Report abuse 0
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Max
& 6

We don't know.....

Tell us what are financial technical problems in numbered details of Argentina to learn.
Jun 20th, 2012 - 07:28 pm - Link - Report abuse 0
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Britworker
@9
1 currency worthless outside your country
2 credit rating at junk status
3 inflation out of control
4 mad woman at the helm diverting her countries problems with colonial ambitions
Jun 20th, 2012 - 07:55 pm - Link - Report abuse 0
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Max
& 10

Of course Argentie Peso is not a global money..

There could be more expressive if we compare global currencies with each other...

Currencies' shares of global foreign exchange transactions (2011) :

US $ .... 85 %
Euro(€) ... 41 %
Japanese Yen ... 20 %
British Pound ... 11 %
Swiss Frank ... 7 %
Jun 20th, 2012 - 08:19 pm - Link - Report abuse 0
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slattzzz
@11 say no more idiot
Jun 20th, 2012 - 11:32 pm - Link - Report abuse 0
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