Sunday, November 16, 2008

More G 20


By MARK LANDLER

Published: November 15, 2008
WASHINGTON — Facing the gravest economic crisis in decades, the leaders of 20 countries agreed Saturday to work together to revive their economies, but they put off thornier decisions about how to overhaul financial regulations until next year, providing a serious early challenge for the Obama administration.

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Text: Statement From G-20 Summit (November 16, 2008)
As Leaders Wrestle With Economy, Developing Nations Get Ringside Seats (November 16, 2008)
Times Topics: Group of 20Though the countries’ stimulus packages were cast as ambitious steps, they mainly reflected measures that the countries were already undertaking to respond to the crisis. What remains to be seen is whether, working with a new White House, the leaders will cast aside their political and economic differences to embrace more radical changes, including far-reaching but fiercely debated proposals to overhaul regulation.

The group planned its next meeting for April 30, 101 days after President-elect Barack Obama is sworn into office.

Mr. Obama, who sent emissaries but

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