We start from the belief that prosperity is indivisible; that growth, to be sustained, has to be shared; and that our global plan for recovery must have at its heart the needs and jobs of hard-working families, not just in developed countries but in emerging markets and the poorest countries of the world too; and must reflect the interests, not just of today’s population, but of future generations too. We believe that the only sure foundation for sustainable globalisation and rising prosperity for all is an open world economy based on market principles, effective regulation, and strong global institutions. — Read the full G20 communique.
4pm: Brown and Sarkozy hold separate press conferences at exactly the same time. “Today we have reached a new consensus to take global action together to deal with the problems we face,” says Brown. He’s about to announce six pledges, including an end to tax havens. — The Guardian’s quite wonderful G20 liveblog.
Watch the leaders ham it up for the final communiqué photo shoot.
“Odd to see anarchists trying to burn and loot while some are text messaging and cell-phoning in the news clips–as if such ignoramuses can’t grasp that nihilism and anti-capitalist angst lose their authenticity when they depend on the trademarks of the global corporate world.” Victor Davis Hanson digresses at Real Clear Politics.
“The commitments on protectionism in the G20 communiqué, although longer than their equivalents after November’s Group of 20 meeting, are, if anything, shorter on concrete promises.’ What about Doha?” asks the Financial Times.
Politico photo gallery: The Obamas in Europe
“The G20 leaders had trouble getting organised for their photo opportunity, let alone agreeing on much that could pull the global economy out of its tailspin.” Michael Stutchbury in The Australian .
Meanwhile, Wonkette asks: Does the Queen hate black Michelle Obama?
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