The forthcoming Group of 20 meeting is a make-or-break event. Unless it comes up with practical measures to support the less developed countries, which are even more vulnerable than the developed ones, markets are going to suffer another sinking spell just as they did last month when Tim Geithner, Treasury secretary, failed to produce practical measures to recapitalise the US banking system.
即將召開的20國集團(G20)峯會是一次決定成敗的會議。除非會議提出支持欠發達國家(它們比發達國家更脆弱)的切實舉措,否則市場將遭遇新一輪下跌,就如上月美國財長蒂姆•蓋特納(Tim Geithner)未能提出重組美國銀行體系資本結構的切實舉措時那樣。
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