As the global challenge request global response, the world largest industrial nations and upcoming major industrial countries were gathering in Pittsburgh for the world economy conference host by President Obama.
The aim of the meeting was to prevent world economy against another financial crisis with a possible creation of an international group of central bankers and regulators called financial stability board in order to control banks CEOs earnings and particularly shoring up the financial regulation. The global summit took place in front of furious protesters.
Despite some glimpse of recovery the leaders of G-20 also expressed their concern of possible peril for the world econommy to dip back into recession.
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