Leaders differ on how to nurture a global recovery


TORONTO (AP) – As world leaders gathered to deal with the aftermath of the global financial crisis, President Barack Obama boasted about a congressional compromise on overhauling the U.S. banking system and called for an international effort to prevent future economic meltdowns. But Obama was still facing major obstacles in convincing a balky Congress to provide more money to fight high unemployment and many countries were resisting Obama’s appeals for continued stimulus spending to support the global economy. They were moving in the opposite direction to raise taxes and cut government programs out of fears of a Greek-style debt crisis.