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President Obama meeting with world leaders at the G-8 summit in Ireland right now on the agenda a number of economic and political issues including talks of a multi billion dollar free trade agreement.
Between US and the EU Peter barge is live in Washington with the more -- this -- Why -- and -- the leaders said that they are committed to exploiting all sources of growth thing colluding by supporting and demanded because economic prospects for the global economy remain weak.
Sounds like austerity is gone by the wayside here.
In a statement reportedly released after their first working session today the leaders said optimism in financial markets that we've been seeing.
Has yet to translate.
Fully into broader improvements in economic activity.
And they endorse continued monetary policies from central banks that could help the recovery now this morning the president and European leaders separately announced that they will start talks to build.
A big no trans Atlantic.
Free trade agreement between the US in the European Union.
One study says it would boost trade by more than 200 billion dollars a year.
The president will host the first round of talks here in Washington starting next month.
Trans Atlantic trade and investment partnership is going to be a priority of mine and my administration.
It is important -- we got a right.
And that means resisting the temptation.
To downsize our ambitions or -- tough issues just for the sake of getting a deal.
This afternoon President Obama also met with Russian president Vladimir Putin they said they both would like to see the civil war in Syria resolved peacefully through.
Negotiations sponsored by many countries but yesterday Putin warned the US and other nations not to provide weapons to the rebels in -- David -- Peter -- thank you very -- what.
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