Shaping a New World Order

G-20: Shaping a new world order By Steve Hargreaves, CNNMoney.com staff writer

U.S. economic mettle tested as emboldened leaders of the world's 20 largest countries gather in Washington

NEW YORK (CNNMoney.com) -- The role of the United States as the world's economic leader will be tested this weekend when emboldened leaders of the 20 most powerful countries meet in Washington to address the global financial crisis.

Some European leaders are hailing the summit as the next Bretton Woods - a reference to the historic talks in the latter days of WWII that in effect made the dollar the world's dominant currency and laid the foundation for the economic order of the past 60 years.

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