I took a great deal of comfort after seeing and reading the reports of the G20 Leaders' Summit in London this week. There is little doubt that a great deal of work and resolve is needed to attempt to minimise the misery that has already been created as a reult of seeing the world's major economies crash over the past 6 months.
The fact the leaders from nations with disparate cultures and differing political philosophies can come together and agree on a range of actions and initiatives gives one heart.
Of course talk is cheap (and it's the only commodity that is nowadays), but there appears to be a genuine willingness to undertake the sort of radical reforms that are required in the business and financial sectors around the world. The expansion of the G8 to the G20, encompassing the rest of the major economies in the world was an initiative of our Prime Minister - and it seems to have done the trick, turning it from a talkfest in to an action plan.
We can do our part. While they clean up the mess that greed wrought we will refuse to participate in a recession and will lead business out of the doldrums by confident and innovative ideas.
Harry
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