President Bush is inviting the G20 members to
a “Summit on Financial Markets and the World Economy” to be held in the
Washington DC area on November 15th.
Bush, along with French President Nicolas Sarkozy
and European Commission President José Manuel Barroso, outlined and called
together the meeting of the G20 at the end of October. The summit is set to
take place on November 15 and according to the White House it will discuss the
“causes and efforts to resolve [the financial crisis] through more effective
regulation and reform” as well as “the effects of the crisis on emerging
economies and developing nations” whose concern over the long-term impact has
grown extensively since the crisis hit.
The G20 members are Argentina, Australia, Brazil, Canada,
China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico,
Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United
States and the European Union.
Sadly, it's little surprise that South Africa is the only African country among them.