As I am just returning from Sydney’s G-20 meeting, I would like to share with you our views on the global economic situation. While unemployment is too high, public and private debt are too high, and global growth is too low relative to potential, we certainly see some economic momentum in the works—global economic growth of 3¾ percent this year, rising to 4  percent next year. This latest pickup of growth is largely due to positive developments among the advanced countries—certainly in the US, but also in Japan and the Euro Area.Innovation, Technology and the 21st Century