My Way News - After G-20 rancor, Pac Rim leaders push free trade
My Way News reports: "Leaders from 21 Pacific Rim economies converged on Japan on Saturday for an annual summit to push for free trade, hoping for a show of unity after rancor over currencies soured the Group of 20 meeting a day before."

My Way News - G-20 refuses to back US push on China's currency
My Way News reports: "Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs [...] The dispute is threatening to resurrect destructive protectionist policies like those that worsened the Great Depression in the 1930s. The biggest fear is that trade barriers will send the global economy back into recession."

My Way News - G-20 fallout: Trade barriers, tensions could rise
My Way News reports: "The world's most important economies are going home to look after themselves - leaving their summit without any meaningful agreement, finding it ever harder to cooperate and more likely to erect trade barriers to protect their own interests."

Comment: I'm reminded of that Santayana quote about those who fail to learn from history being condemned to repeat past mistakes. It appears that world leaders, bright as they may be, are about to repeat the same protectionist mistakes that contributed to the Great Depression.