Merkel's Summit Success G-20 Offers Slight Tweak to Global Finances

Germany succesfully managed to thwart US demands for rigid rules on trade imbalances. The G-20 also reached agreement on limiting banking risk and reforming the International Monetary Fund. But Chancellor Angela Merkel's victory was overshadowed by rumors of an impending cabinet shake-up in Berlin.
German Chancellor Angela Merkel and other world leaders at the G-20 summit in Seoul.

German Chancellor Angela Merkel and other world leaders at the G-20 summit in Seoul.

Foto: POOL/ REUTERS