WORLD
American and British dailies have described president Obama’s first trip abroad as Head of State as a bag of mixed results.
American and British dailies have described president Barack Obama’s first trip abroad as Head of State as a bag of mixed results, but all in all, not bad for a leader travelling abroad as the head of state for the first time.
According to them, Obama presented himself as the leader of an America that can no longer go it alone.
“It was a performance that ranged from mediating behind closed doors — to a carefully calculated news conference in which he reached deep into history, showed contrition for the failings of Wall Street, and forecast a road the world could no longer travel. Gone are the days, from Pax Britannica to Pax Americana, when Britain and the United States made the rules that others followed,” reports the New York Times.
“All in all, not a bad day’s work,” said Eswar S Prasad, a former China division chief at the International Monetary Fund.
In a premiere diplomatic tour that has already been scrutinized for every blemish, Obama got some not-so-good reviews.
Several European news outlets complained that he seemed aloof, while others raved about his performance.
Papers said Obama took pains to project a cheerful, humble image to a world still alternately enraged and befuddled by a financial crisis that originated with American sub-prime loans.
In a rare show of emotion from the international press, many in the room stood up and cheered after Obama was done.
The Washington Post, on the other hand, said that though Obama may have overstated things a bit, the summit did manage to boost the confidence of financial markets.
It acknowledged the fact that the second G-20 Summit has implicitly agreed that a rewriting of the rules for global capitalism is a must if progress out of a crisis is to be made.
It praises the fact that countries took a firm decision to better coordinate regulation of global institutions and capital flows, something that would have been unthinkable just a few years back.
“The push for broader, tighter cross-border financial regulation, in fact, came largely in response to the light-touch approach of the Bush administration. But whatever transatlantic tension once existed over that issue pretty much melted away last week,” the paper says.
In the end, Thursday's communique, with its promise of a global regulatory crackdown, was an easy win for all concerned.
All in all, a pretty successful opening-night performance for president Obama on the international economic stage, it concludes in its report.
Raima Sen mourns Bharat Dev Varma's demise, pens emotional note for 'great father, great husband'
DNA TV Show: Ahead of Maharashtra poll results, MVA, Mahayuti engage in resort politics
Maharashtra: Stage set for assembly poll results; Mahayuti, MVA confident of their victories
All set for vote counting in Jharkhand tomorrow; NDA, JMM-led alliances confident of winning
Watch: Australia star inquires Rishabh Pant about his next IPL team, gets 2-word reply
Shah Rukh Khan’s house Mannat was first offered to his industry rival…, but he refused because...
The Visionary Who Promises a Blue Sky for India: Holger Thorsten Schubart’s G20 Climate Speech
The Surge of High-End Living: Luxury Residential Market to Outpace Other Segments
FeFCon 2024 to be Held in Bangalore: A Premier Event on Fever Management
'That’s wild': Noida man turns cigarette butts into teddy bears in viral video, watch
London Airport evacuates passengers over security threat, thousands stranded
The World’s First Innovative Iron Supplement to Combat Iron Deficiency and Anaemia
Meet grandmother who became fashion icon after trying on her granddaughter’s clothes
IND vs AUS: Rishabh Pant joins Virat Kohli, Rohit Sharma in elite WTC list, becomes 3rd Indian to...
'All scripted drama...': Puneet Superstar allegedly assaulted by influencers in viral video, watch
Actress Ana de Armas caught kissing Cuban President Miguel Díaz-Canel’s son in viral photos
Oreshnik's Shadow: Will Russia's hypersonic missile force west to back down?
‘You’re So Beautiful’: World’s tallest woman meets world’s shortest woman over tea, pics go viral
Delhi-NCR Air Pollution: Consequences of GRAP-4 are drastic, may have adverse effects, says SC
Delhi-NCR Air Pollution: Schools likely to stay closed till..., check city-wise update
Maharashtra: 3 killed, 9 hospitalised after gas leak at fertiliser plant in Sangli
THIS farm is selling a cup of coffee for Rs 28000, but there's a twist, it is...
Chhattisgarh: 10 Maoists killed after encounter with security personnel in Sukma
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
IND vs AUS 1st Test: KL Rahul's dismissal sparks DRS controversy in Perth Test
Dense fog, heavy rain predicted in these states till November 25; check here
Oreshnik Hypersonic Missile: Which nations are within its range?
Bihar teacher, principal reach school in drunken state; know what happened next
'I have faced a lot of...': Arjun Kapoor REVEALS his biggest fear amid break up with Malaika Arora
How millions of Indians may get affected due to US indictment of Gautam Adani in bribery case
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says 'missing someone is okay but...'
After Bibles, watches and sneakers, Donald Trump is now selling autographed guitars, price is...
Delhi pollution: Air quality improves to ‘very poor’ category, AQI at...
Vladimir Putin's BIG threat, warns he could strike UK with new ballistic missile if...
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here
Somebody misbehaved with Alia Bhatt on Highway sets then Imtiaz Ali had to...
Zomato CEO Deepinder Goyal reveals twist behind Rs 200000 job fee, closes application window
Days after Ratan Tata's demise, Tata Group's Rs 131000 crore company inks pact with ADB for...