European stock markets have rallied in anticipation of an informal summit of European Union leaders Wednesday in Brussels. A major policy pivot is expected to address the eurozone's debts and deficits crisis.
Up to now, European leaders have emphasized austerity, and that has cost some of them their jobs. The new approach is likely to focus on the same kind of growth President Obama has pursued in the United States — where Democrats and Republicans are drawing opposite conclusions from the euro crisis.
President Obama and congressional leaders lunched at the White House Wednesday on sandwiches the leader of the free world purchased during a visit to a Washington, D.C., eatery where he met earlier in the morning with a group of small-business people.
Descriptions of the White House lunch meeting from those on the opposing red and blue teams aware of the details of the discussion made it sound like yet another meeting featuring the nation's top policymakers that you could have accurately described beforehand.