[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/WORLD/europe/04/02/g20/art.jokes.afp.gi.jpg caption="Pres. Barack Obama, Italian Prime Minister Silvio Berlusconi and Russian President Dmitry Medvedev share a laugh during the G20 summit in London."]
Pres. Obama is calling his debut on the world stage at the G-20 summit a success, though he didn't get everything he wanted.
The world leaders agreed to pump $1.1 trillion into the global economy. That's one area of success for Pres. Obama, who won over objections from France and Germany to get that cash infusion. Though, here's the catch. A large chuck of it will go to the International Monetary Fund to help developing countries. Therefore, that economic boost the president wanted may not be felt.
Along with the cash, the G-20 leaders committed to a six-point plan:
– repair the financial system to restore lending
– restore confidence, growth and jobs
– strengthen financial regulations to rebuild trust
– fund and reform our international financial institutions to overcome this crisis and prevent further ones
– promote global trade and investment and reject protectionism, to underpin prosperity
– build an inclusive, green and sustainable recovery
Do you agree with this plan? Or is something missing? Share your feedback below.
Tonight, Anderson will be reporting on the summit live from London. Don't miss his interview with Treasury Secretary Timothy Geithner, who attended the G-20 Summit. Does he agree with European newspapers which have called this the most economic summit since WWII? His answer tonight on AC360°.
Don't miss our special coverage starting at 10pm ET.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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