To the Point
Obama and the G-20 Summit
The G-20 meeting in South Korea's being called a failure for President Obama, who wanted global consensus for economic recovery. Why is the US now the bad guy, when so recently other countries joined it in ganging up on China? Also, will there be compromise between Republicans and Democrats on taxes? On Reporter's Notebook, new and old media merge.
By Warren Olney • • 50m ListenThe G-20 meeting in South Korea's being called a failure for President Obama, who wanted global consensus for economic recovery. Why is the US now the bad guy, when so recently other countries joined it in ganging up on China? Also, will there be compromise between Republicans and Democrats on taxes? On Reporter's Notebook, Newsweek magazine and the website Daily Beast have completed a merger some people thought never would happen. We hear about media "synergy."
Banner image: President Obama holds a bilateral meeting with Chancellor Angela Merkel of Germany at the Grand Hyatt Hotel in Seoul, South Korea, November 11, 2010. Official White House Photo: Pete Souza
In this episode
3 storiesCompromise between Republicans and Democrats on Taxes?
Next week's lame-duck session of Congress will try to cope with the Bush tax cuts before they run out on December 31, bringing a tax increase for almost every American. Before leaving South Korea, President Obama repeated a familiar theme of making sure taxes don't go up for middle-class families.
Read the story8 minUnified Global Strategy for Economic Recovery? Maybe Next Year
This week in South Korea, the G-20 countries labored until early this morning to bring forth an agreement that left nobody satisfied. After days of dispute, the President of France today called the agreement "better than disagreement." Brazil and Germany opposed US plans to stimulate growth before reducing the deficit.
Read the story34 minNewsweek Merges with Daily Beast
The venerable Newsweek magazine was sold by the Washington Post this year for one dollar. The buyer was 92-year old audio-components maker Sidney Harman, who also picked up $47million in liabilities. Now Newsweek has joined up with the two-year-old website, edited by Tina Brown.
Read the story9 min
