The G20 was originally set up as an informal group in 1999, following the financial crisis in Asia. Their aim was to encourage international co-operation between finance ministers and central bankers. This summit in London potential costs amount to £20m, where as the one in Japan costed $285m (2008) and the Germany costed €92m(2004). THIS IS THE HIGHEST SECURITY EXPENSE in BRITISH HISTORY!
For an argument sake, if these summits had happened over video conferencing facility, we would have more money to spend today. Background work could have happened as it happens today and the key heads could have sat across the table before a best possible high-speed video line and all these money we spend could have been reduced to a pittance. People would have faced no hardship as they go to their day jobs, petty shops would be kept open, execs could have worn their suits, most importantly, Mother Nature would have been more green! Consider the emissions from the flights to & fro between the 19 countries to UK!
Ok At least let us wait to see if the result is positive; the overarching feeling is this summit will be a flop :(
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