Friday, September 16, 2011

Obama will address the debt crisis with Britain, France, Brazil and Japan

The U.S. president, Barack Obama, will address the debt crisis in Europe next week at its meetings on the sidelines of the UN General Assembly with the leaders of Britain, France, Brazil and Japan.

As stated by the deputy national security adviser, Ben Rhodes, told the press, the crisis will be one of the matters addressed in his meeting Tuesday with the Brazilian president, Dilma Roussef, and Wednesday with the French head of state, Nicolas Sarkozy, British Prime Minister, David Cameron, and the new Japanese prime minister, Yoshihiko Noda.

These bilateral meetings will occur after a meeting of finance ministers of the Ecofin in Wroclaw (Poland), which played an unusual Treasury Secretary Tim Geithner, and ended without removing the divisions that impede progress in the program of aid to Greece, the big problem in the crisis immediately.

The eurozone ignored U.S. pressure for the EU to encourage enhance the economy and the bailout fund and finance ministers did not use the meeting to advance solutions to the crisis and proceed to the second bailout of Greece, valued at 160,000 million euros. This has generated sharp criticism from U.S., which calls for more spending to revive the economy rather than cuts.

The President will arrive in New York on Monday and Tuesday, also met with Rousseff, plans to do this with the leader of the National Transitional Council (CNT) Libyan Mustafa Khalil. Also , will hold a bilateral meeting with Afghan President Hamid Karzai, will address the progress of the transition in the Asian country and will be with the Turkish Prime Minister Recep Erdogan Tayipp.

On Wednesday, Obama will speak with a speech to the Assembly General, will attend the Clinton Global Initiative and will also meet in a bilateral with President Salva Kiir of Southern Sudan. The U.S. president also plans to meet with Israeli Prime Minister Benjamin Netanyahu, to address ways to allow the process to relaunch peace, although the precise timing of the meeting is not yet closed, according to the White House.