"The White House has stressed its willingness to push for tougher financial rules and accept blame for America's part in causing the global economic crisis after President Nicolas Sarkozy of France had threatened to walk out of the G-20 summit." So, President Sarkozy is demanding a new regulatory structure and if his demands are not met, he will leave an "empty chair." Christine Lagarde Paris-French Finance Minister stated that President Nicolas Sarkozy would walk away from this weeks Group of 20 meeting in London if no progress was made on the financial regualations.It seems that President Sarkozy was very clear on that front, "Ms. Lagarde said in a interview with the BBC News that he said, "if the deliverables aren't there, I won't sign it communique.It means walking away." Mr.Sarkozy is highly determined to gain some progress in the financial crisis and to achieve concrete results at the G-20 meeting. Why is the president of France so tempted to get answers right away knowing it's going to take some time? Is he scared or something?
Clarification:How will this affect the other countries involved with the G-20 meeting if President Sarkozy walks away?
Application: Why isn't he giving the plan a chance to come through knowing it will not be that easy to accomplish?
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