There were 20 leaders that met at the G-20 summit to determine what they will need to do to help improve the economies worldwide. They decided on giving $1 trillion into the International Monetary Fund and World Bank. This money will go towards helping the nations around the world that are experiencing a struggling economy.

These nations included the United States, Brazil, China, India, Russia, Japan, Saudi Arabia, and England to name a few. They will enact the policies that will crack down on tax havens, rebuild the trust in the financial system, and regulate hedge funds. This will hopefully prevent a world crisis. These 20 nations will have greater power within the world’s decisions as well.

As the economies worldwide struggle so does the housing crisis. Many people find it difficult to own a home or to keep it. Foreclosures are effecting more than the United States. Foreclosures and the inability to sell the homes are affecting many countries. Therefore, there had to be some sort of solution to help those countries that are plagued with a housing crisis that contributes to many other financial problems. There have stimulus packages distributed amongst nations that has resulted in the largest numbers in history just to try to save their economies.