G20: A New World Order

G20: A New World Order

(Global Pulse: 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, a new world order could be on the horizon.

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

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