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To the Point

What's Next for International Capitalism?

To the Point

KCRW

News

4.4583 Ratings

🗓️ 1 April 2009

⏱️ 51 minutes

🧾️ Download transcript

Summary

President Obama and Britain's Prime Minister Brown today renewed "the special relationship." But will they get the cooperation they want from the rest of the world?  We get a preview of the G-20 summit and the likelihood of resolving the global financial crisis. Also, Obama and Medvedev discuss reduction of nuclear warheads, and Alaska's former Republican Senator Ted Stevens gets a reprieve. 

Transcript

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0:00.0

From PRI, Public Radio International and KCRW Santa Monica, this is To the Point.

0:07.4

What's next for international capitalism?

0:13.5

Hello again, I'm Armin Alney, and this is To the Point from Public Radio International,

0:17.6

a daily look at the issues Americans care about most.

0:20.1

Barack Obama met Queen Elizabeth today as protests turned violent on the streets of London.

0:24.8

The leaders of 20 countries are preparing to meet on the global financial meltdown,

0:28.5

and the eyes of the world are on the new president of the United States.

0:32.1

Mr. Obama and Britain's Prime Minister Brown are calling for unified action, but France and Germany,

0:37.1

Eastern Europe, and

0:38.0

the nations of Asia all have their own ideas. Can they agree on the need for economic stimulus,

0:43.6

increased regulation, or more money for the International Monetary Fund? Can Mr. Obama lead the way

0:49.5

out of a crisis that started in the United States and infected the rest of the world.

0:55.4

First, here's the news.

1:01.4

Support for To the Point comes from subscribers of KCRW Santa Monica and from the Public Radio International Program Fund, whose contributors include the Ford Foundation, the John

1:06.0

D. and Catherine T. McArthur Foundation, and the Rockefeller Foundation and its campaign for

1:10.7

American workers.

1:11.6

More at rockfound.org. Hello again, Warren Alney, back with To the Point. President Obama and

1:17.4

Britain's Prime Minister Brown today renewed the special relationship, but will they get the

1:21.4

cooperation they want from the rest of the world? We'll get a preview of the G20 summit and the

1:25.8

likelihood of resolving the global financial crisis.

1:28.5

First, this news update after a closed-door meeting today, President Obama and Russia's President Medvedev agreed in brief statements that relations between the two countries have been allowed to drift.

1:39.2

They agreed to cooperate on a broad range of issues, including reduction of nuclear weapons.

...

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