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Obama Taking Stimulus Global

Stimulating

Germany, France skeptical.

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Gerald Herbert / AP Photo

Will the stimulus soon go global? According to The Wall Street Journal, President Barack Obama plans to push for a worldwide stimulus at a G-20 meeting next month. “Washington's focus is at odds with France, Germany and other European nations that want the Group of 20 summit on April 2 to focus on rewriting rules governing financial markets. These nations say lax regulation was a major cause of the financial crisis and want to tighten their grip on hedge funds and private-equity firms.”

Read it at The Wall Street Journal

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