It looks like inflation there (United States) is more under control than before.

The best news we've had was the rise in the target for inflation ... which leaves space for a cut in interest rates. The improvement abroad [Wall Street] was extremely welcome here, too.

Inflation pressures are quite modest in the United States. I don't think inflation will be a problem this year, or next year, even with the rate cuts.

The United States wants a manageable status quo. It doesn't want to see things out of control.

The United States doesn't want to control this region, but it doesn't want anyone else to, either.

Emissions from Australia and United States are spiraling out of control. We need rapid deployment of clean energy such as wind and solar today. If the conference just throws research dollars to the coal industry to clean up their act in 15 to 20 years, we've missed an opportunity.