AGAINST the backdrop of the fierce protests in London, where the G20 summit is being held, there is also a difference of opinion between the member countries of the group. Even though the US President's disarming charm almost immediately won over his British counterpart, not-quite-post-Putin Russia's President also seemed to have warmed up to him and the Indian PM has come out in defence of the large bailout packages that the US has come out with, Germany and France are going to be another story. France's Nicolas Sarkozy seems to be playing to his electorate, which has always been very sceptical of the unbridled capitalist system. France has not seen the sort of economic financial disasters that the US and the UK had been seeing; since socialist protection and bureaucratic checks loom large in the country. The electorate seems to have made a connection between the two and have started resenting their President's perceived tilt, of late, towards freer markets. Meanwhile, the German Chancellor has stated that she feels that Germany has done more than enough by way of provision of stimulus to the economy. The economic debate centres around two things. Regulation and stimulus. The former to ensure a recession of the sort does not happen again, and the latter to see what could be done about the current situation. Both inspire fierce debate. Despite what the Americans might claim to have learnt, there is still a view in Europe that they do not regulate their businesses enough, particularly the financial sector. And given that President Obama has stated, more than several times, that the global economy is more interlinked that ever, a lack of regulation in the huge US economy can lead to a meltdown elsewhere; other countries asking for more regulation is, in fact, minding one's own business. It is hoped that the group formulates a cohesive policy that takes into consideration the trouble that the global recession is causing the entire world.