June 2019 brought world leaders together at two major meetings: the Bonn Climate Change Conference and the G20 Osaka Summit. Neither meeting made much progress on the major issues still being debated. Once again, the US stance was particularly problematic.
New York Times finance reporter Louise Story joins us with a look at how the world’s biggest economies will tackle banking regulation at the G20 summit in Pittspurgh. Top of the agenda? Capital requirements, an issue the international community has never been able to agree on.
Finance ministers from around the globe are in Washington today. They’re trying to fine-tune their responses to the economic crisis and implement some of the steps agreed upon at the G20 summit in London. Anchor Katy Clark speaks with John Authers, Investment Editor of the Financial Times in New York.