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A letter in advance of a G-20 meeting warned of economic relapse if stimulus programs are withdrawn, and hinted that China’s currency remains too weak.
The unrelenting global troubles confronting Barack Obama are about to converge on him all at once, providing a stern test of leadership for a first-year president who has pledged to "change the world."
President Obama said in his weekly radio address that the world’s leading economic powers had progressed in stabilizing the financial system but that work remained.