The G-20 summit is coming to Pittsburgh, Pa., a once given-up-for-dead city that's now set to play host to some of the world's most powerful people.
The G-20 summit starts Sept. 24 in Pittsburgh, a U.S. city that was at the heart of the country's industrial revolution before falling on hard times in the wake of steel mills being shut down and the work outsourced overseas.
The G-20 summit in Pittsburgh brings together financial representatives from Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, Britain and the U.S. The European Union is the 20th member.
The G-20 summit in Pittsburgh is the group's first meeting since April, when it met in London.
The global economic picture that the finance ministers and central bankers will discuss at the G-20 summit in Pittsburgh isn't as dire as in April. Stock markets around the world have rallied since then. But President Obama is still expected to encourage the group to continue trying to stimulate the global economy.
Reforming the global financial system could be one item on the table at the G-20 financial summit in Pittsburgh. The summit will last two days.
Pittsburgh, the host city of the G-20 summit, has been revitalized from its smoky past with an emphasis on high-tech computer and medical jobs. The downtown area where three rivers merge has two new sports stadiums, and Mount Washington offers excellent restaurants with views overlooking the city. The Strip District is a great place to stroll, shop and eat. The residents are friendly.
The members of the G-20 summit visiting Pittsburgh probably won't have a whole lot of time to enjoy the city next week. Too bad. It's come far since it's industrial past.
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