Fixing a broken economy
Updated on 30 March 2009
As world leaders gather to solve the global economy crisis Channel 4 News reports from G20 on whether the city blamed for causing the crash can fix it.
World leaders seeking a Big Fix for the global recession meeting this week are just a champagne cork's pop away from the City of London.
More than any other financial centre, the City flourished during the boom. Now those "white, blue eyed people" are seen as a cause of the crash and not just by the Brazilian president.
But amidst the squabbles and pre-summit positioning, two clear objectives are apparent.
Fix Number One: to cooperate to revive the world's economies, with or without a further commitment to spend more public money.
Fix Number Two: to identify the failures in the global financial and economic system that caused the crash, and mend them.
But as Gordon Brown insists we are in this together can London rise to the challenge and solve the crisis?
Discussion: Mandelson and Lagarde
Business Secretary Peter Mandelson and French Finance Minister Christine Lagarde speak to Channel 4 News
