World Leaders Arrive in
Los Cabos, Mexico for Summit
June 17, 2012
World leaders are gathering in Mexico for a two-day G20 summit which
begins Monday in the Pacific coast resort of Los Cabos amid turmoil in
the eurozone and worsening bloodshed in Syria.
The worries about the economic turmoil in Europe were eased somewhat
ahead of the summit when Greece voted Sunday for the pro-bailout new
Democracy party. A vote against it might have forced Greece to leave the
joint euro currency, a move that would have had potentially catastrophic
consequences for other ailing European nations and the global economy.
President Barack Obama is expected to seek bolder, quicker signals from
Europe that it will contain its financial mess and keep it from
torpedoing the U.S. economy and his chances for re-election.
He will also hold talks with Russian President Vladimir Putin but
expectations are low that they will break a deadlock over the ongoing
violence in Syria. Russia and China have shielded Syrian President
Bashar al-Assad from any serious U.N. action.
The G20 brings together the world's 20 leading economies.
Mexican President Felipe Calderon held bilateral talks with his Chinese
counterpart, Hu Jintao, Sunday ahead of the summit.