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.
即将召开的20国集团(G20)峰会是一次决定成败的会议。除非会议提出支持欠发达国家(它们比发达国家更脆弱)的切实举措,否则市场将遭遇新一轮下跌,就如上月美国财长蒂姆•盖特纳(Tim Geithner)未能提出重组美国银行体系资本结构的切实举措时那样。
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