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Obama meets in Mexico to discuss the world economy

POSTED: Monday, June 18, 2012 - 4:00pm

UPDATED: Monday, June 18, 2012 - 4:04pm

President Obama's main mission is economic. He made that clear at the G-20 meeting of the world's wealthiest nations in Mexico.

There's finally good news in Europe; the Greeks voting to deal with their huge deficit.

"I think the election in Greece yesterday indicates a positive prospect for not only them forming a government, but also them working constructively with their international partners," stated Obama.

But back home, Mitt Romney is warning Obama policies could lead to a Greek-like crisis here.

East of Greece, in Syria, violence is increasing. Some in Washington warning today President Obama ought to intervene.

However, Russian President Putin is siding with Syria's dictator, Assad, sending him ships and choppers.

To get Russian help on Syria and on Iran, President Obama promised Putin to end U.S. trade restrictions dating back to the Soviet Union; Obama wants to cut a deal to help U.S. trade and diplomacy, and also hopes to impress voters.

Mexican President Calderon praised President Obama's decision of last week to let 800,000 young illegal migrants stay in the U.S. to study and work.

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