Obama Hopes to Build on G20 Progress

 　　After the two-day G20 economic summit in France was dominated by the debt crisis in Greece, President Barack Obama says he will keep pressing for quick action to solve the crisis.  The president also vows¹ to continue his push for legislation that would help create jobs in America.

　　President Obama left the French resort city of Cannes Friday, expressing optimism that Europe can solve its economic problems, a key step toward boosting the world's economic recovery.

　　But he and other non-European G20 leaders want swift action on the spreading European debt crisis. “Having heard from our European partners over the past two days, I am confident that Europe has the capacity to meet this challenge.  I know it isn’t easy, but what is absolutely critical, and what the world looks for in moments such as this, is action," he said.

　　European G20 leaders resolved to attack the debt problem.  But the immediate² action the Obama administration had hoped for did not materialize.

　　Mr. Obama offered further advice and encouragement to his European counterparts, but no U.S. financial help.

　　Still, the president said some progress was made in Cannes.  Italy, a top European economy, may have prevented problems similar to the ones in Greece by allowing the International Monetary³ Fund to monitor its economy.  And G20 leaders agreed to give the IMF more resources to fight financial crises.

　　"Europe remains⁴ on track to implement⁵ a sustainable path for Greece.  Italy has agreed to a monitoring program with the IMF, in fact, invited it.  Tools have been identified that will better enable the world to support European action," he said.

　　The concerns of other G20 countries about the state of the U.S. economy were underscored by the release of more figures showing lackluster job creation last month.

　　Mr. Obama used the occasion to again call on Congress to pass his $447 billion jobs legislation, saying his economic program is making some progress. "Is that good enough?  Absolutely not.  We've got to do more.  And as soon as I get some signal from Congress that they're willing to take their responsibilities seriously, I think we can do more," he said.

　　The president and Republicans in the House of Representatives are offering separate and quite different bills on job creation.

　　Some other G20 leaders praised Mr. Obama's plan, and he will spend the next few days promoting it to the American public.

　　While most of the summit in Cannes focused on Europe's economy, China agreed to speed efforts to raise the value of its currency, the RMB, which President Obama had been planning to call for. "In addition, we welcome China's determination to increase the flexibility⁶ of the RMB.  This is something we've been calling for for some time, and it will be a critical step in boosting growth," he said.

　　The U.S. and other countries welcomed China's stated intent to open its markets to more imports.  Obama administration officials say the Chinese announcements reflect concern in Beijing about risks to its economy from Europe's financial troubles.

　　The most urgent non-economic item covered in Cannes, Iran's nuclear program, will be raised again in the coming days.  An International Atomic Energy Agency report due soon is expected to show that Iranian scientists are making progress toward learning to build a nuclear bomb.

　　Iran has repeatedly denied that its nuclear program is for military purposes.

　　Meanwhile, in the coming days, Mr. Obama will campaign for his jobs program, before leaving for the next series of international meetings.

　　He will host the Asia-Pacific Economic Cooperation forum⁷ and the North American leaders' summit in his home state of Hawaii.  He will go on to visit Australia, then to the Indonesian resort of Bali for the East Asia Summit.

1 vows   

誓言( vow的名词复数 )； 郑重宣布，许愿

参考例句：

• Matrimonial vows are to show the faithfulness of the new couple. 婚誓体现了新婚夫妇对婚姻的忠诚。
• The nun took strait vows. 那位修女立下严格的誓愿。

2 immediate   

adj.立即的；直接的，最接近的；紧靠的

参考例句：

• His immediate neighbours felt it their duty to call.他的近邻认为他们有责任去拜访。
• We declared ourselves for the immediate convocation of the meeting.我们主张立即召开这个会议。

3 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

4 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

5 implement   

n.(pl.)工具，器具；vt.实行，实施，执行

参考例句：

• Don't undertake a project unless you can implement it.不要承担一项计划，除非你能完成这项计划。
• The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。

6 flexibility   

n.柔韧性，弹性，（光的）折射性，灵活性

参考例句：

• Her great strength lies in her flexibility.她的优势在于她灵活变通。
• The flexibility of a man's muscles will lessen as he becomes old.人老了肌肉的柔韧性将降低。

7 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。