President-elect Barack Obama did not send representatives to the APEC Global Climate Summit but he recorded this message promising “a new chapter of American leadership on climate change.”
The 21 economies of the Asia Pacific Economic Cooperation (APEC), which represent more than half of the world’s productive power, assured the world yesterday (Sunday) at the end of a 2-day summit in Lima, that the global financial crisis can be quelled in 18 months. But how they expect this to happen - or how their governments can help remains to be seen.
President-elect Barack Obama has announced a bold initiative to save or create 2.5 million jobs in the next two years.
He will direct his economic team to formulate a two-year Economic Recovery Plan that will put millions of Americans to work rebuilding crumbling roads and bridges, modernizing our schools, and securing our clean energy future. Watch this video for complete details.
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