President Obama goes to the G20

To the Point

The following is not a full transcript; for full story, listen to audio.

After a closed-door meeting today, President Obama and Russia’s President Medvedev agreed in brief statements that relations between the two countries have been allowed to "drift." They agreed to cooperate on a broad range of issues, including reduction of nuclear weapons. On "To the Point," Michael Scherer, White House correspondent for "Time" magazine talks about the "drift" and what will develop out of the Obama-Medvedev talks.

And, Barack Obama met Queen Elizabeth today, as protests turned violent on the streets of London. The leaders of 20 countries are preparing to meet on the global financial meltdown, and the eyes of the world are on the new President of the United States.

Obama and Britain’s Prime Minister Gordon Brown are calling for unified action, but France and Germany, Eastern Europe and the nations of Asia all have their own ideas. Can they agree on the need for economic stimulus, increased regulation or more money for the International Monetary Fund? Can Obama lead the way out of a crisis that started here and infected the rest of the world?

Guests:
– Mary Dejevsky: Chief Editorial Writer, "Independent"
– Wolfgang Munchau: Associate Editor, "Financial Times"
– Arvind Subramanian: Senior Fellow, Peterson Institute for International Economics
– Brad Setser: Fellow for Geoeconomics, Council on Foreign Relations

Hosted by award-winning journalist Warren Olney, "To the Point" presents informative and thought-provoking discussion of major news stories — front-page issues that attract a savvy and serious news audience.

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