G-20 moves from united front to strong differences

Leaders from the Group of 20 nations presented a fairly united front when the financial crisis was threatening their economies, but now that the crisis has faded, so has their unity. German Chancellor Angela Merkel warned that the crisis in Europe is far from over, as she rejected calls from US President Barack Obama to bolster spending to aid the global economic recovery. Merkel also called on G-20 leaders, who will meet in Toronto this week, to show that momentum is not waning for tougher regulation of the financial industry.

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