In Message to G-20 Leaders, Obama Aims to Calm Tensions

SEOUL, South Korea — President Obama, marking the start of a summit meeting that has already tested the limits of international cooperation, implored other world leaders on Wednesday to shift global economic demand away from its historic reliance on American consumption and borrowing.
In a letter to other leaders of the Group of 20 economic powers, released shortly after he arrived here, Mr. Obama tried to calm the currency tensions that have roiled global economic relations, though he did not mention by name the two most prominent sources of the tension: China’s foreign-exchange interventions and the Federal Reserve’s recent decision to inject $600 billion into the economy.
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