Medvedev - Obama meeting likely to be more significant than anything agreed by G20
Overwhelming attention, this week, has been focused on the G20 summit and the argument for international fiscal stimulus . Although Gordon Brown might like us to believe that the resultant communiqué will offer a blueprint capable of saving the world, ‘sherpas’ and officials are even now expending enormous intellectual resources seeking a form of words ambiguous enough to satisfy widely diverging views of the financial crisis. These meetings may represent impressive showcases of draftsmanship by world political elites, but contending domestic agendas dictate that their planet changing potential is grossly exaggerated. Remember Gleneagles, when Tony Blair oversaw an end to African poverty? That is not to say that important developments are not possible when international political power is suddenly concentrated in one venue. It is just that real progress is unlikely to be reflected in the nuances of an agreed text and it is not necessarily framed by the official agenda of the summi...