G20 struggles to find common ground on disputes

November 11, 2010 10:34

Major nations struggled Thursday to break a deadlock on how to fix problems cramping the world economy as President Barack Obama insisted that a strong US is crucial for a wider international recovery.

In a letter to the Group of 20 rich and major developing nations, Obama warned the US cannot remain a profligate consumer using borrowed money, and needs other countries to pull their weight to fix the world economy.

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