{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='President Barack Obama says action by the Group of 20 nations since April has \u0026#39;brought the global economy back from the brink.\u0026#39;' data-url='/boclips/videos/5c54c09ad8eafeecae14bfaa' data-video-url='/boclips/videos/5c54c09ad8eafeecae14bfaa' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nPresident Barack Obama says action by the Group of 20 nations since April has \u0026#39;brought the global economy back from the brink.\u0026#39;\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eHEADLINE: Obama: Global economy 'back from the brink'CAPTION: President Barack Obama says action by the Group of 20 nations since April has 'brought the global economy back from the brink.'  He said coordinated efforts have saved...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eHEADLINE: Obama: Global economy 'back from the brink'\u003cbr/\u003eCAPTION: President Barack Obama says action by the Group of 20 nations since April has 'brought the global economy back from the brink.'  He said coordinated efforts have saved millions of jobs and set the world on the road to economic accountability. (Sept. 25)\u003cbr/\u003e1. US President Barack Obama arriving for news conference and approaches podium\u003cbr/\u003e2. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"Six months ago I said that the London summit marked a turning point in the G20's efforts to prevent economic catastrophe. And here in Pittsburgh we have taken several significant steps forward to secure our recovery, and transition into strong sustainable and balanced economic growth. We brought the global economy back from the brink. We laid the groundwork today for long term prosperity as well.\"\u003cbr/\u003e3. Cutaway of flags\u003cbr/\u003e4. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"We agreed to take concrete steps to move forward with tough new financial regulations so a crisis like this can never happen again. Never again should we let the schemes of a reckless few put the world's financial system and our people's well being at risk. Those who abuse the system, must be held accountable. Those who act irresponsibly, must not count on taxpayer dollars.\"\u003cbr/\u003e5. Cutaway of flags (++REPEAT SHOT++)\u003cbr/\u003e6. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"And we will tie executive pay to long term performance so that sound decisions are rewarded instead of short term greed. In short, our financial system will be far different and far more secure than the one that failed so dramatically last year.\"\u003cbr/\u003e7. Cutaway of flags (++REPEAT SHOT++)\u003cbr/\u003e8. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"We can no longer meet the challenges of the 21st century with 20th century approaches. That's why the G20 will take the lead in building a new approach to cooperation, to make our institutions reflect the reality of our times we will shift more responsibility to emerging economies within the International Monetary Fund, then give them a greater voice. To build new markets, and help the world's most vulnerable citizens climb out of poverty, we established a new World Bank trust fund to support investments in food security and financing for clean and affordable energy.\"\u003cbr/\u003e9. Cutaway of flags (++REPEAT SHOT++)\u003cbr/\u003e10. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"And as we approach negotiations with Iran on October 1, we have never been more united in standing with the United Kingdom, France, Russia, China, and Germany in demanding that Iran live up to its responsibilities.\"\u003cbr/\u003e11. Cutaway of flags (++REPEAT SHOT++)\u003cbr/\u003e12. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"So I think Iran is on notice, that when we meet with them on October 1, they are going to have to come clean, and they are going to have to make a choice. Are they willing to go down the path, which I think ultimately will lead to greater prosperity and security for Iran, giving up the acquisition of nuclear weapons and deciding that they are willing to abide by international rules and standards in their pursuit of peaceful nuclear energy? Or will they continue down a path that is going to lead to confrontation?\"\u003cbr/\u003e13. Cutaway of flags (++REPEAT SHOT++)\u003cbr/\u003e14. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"Last point I'll make specifically with respect to the military (option). I have always said that we do not rule out any options when it comes to US security interests, but I will also re-emphasise that my preferred course of action is to resolve this in a diplomatic fashion.\"\u003cbr/\u003e15. 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