DOMINICK: Welcome back. Let's take a look at this picture. That's the G-20 meeting in South Korea this week. Talk about a good-looking picture. That might even be fridge-worthy. But who are these people? Why do they meet? And how on earth does it affect me and you? It's the subject of today's "You Are Here." I mean, when I hear G-20, all I think is bingo and some old lady winning 20 bucks at the local VFW Hall. Well, let's take you through it. First, the basics. G-20 stands for Group of 20. So who are the 20? All right. There they are. They are actually really representatives from 19 countries plus the European Union. And together they make up 90 percent of the world's Gross National Product, 80 percent of the world trade and two-thirds of the world's population. But how long has it been around? The first G-20 meeting was 11 years ago in Berlin. Now the first summit with heads of state, that was in 2008. You probably remember. This is the group that got together at the height of the financial crisis to try to take step to prevent another one. So what happened at this G-20 summit? I asked CNN's Ali Velshi to sum it up, and here's what he told me. He said President Obama didn't get what he wanted and the participating companies just punted on any agreement of anything substantive. So what's an example of something the president didn't get? A trade agreement with South Korea. The White House has said it would create $10 billion in exports and 70,000 American jobs, but it didn't happen -- meaning no job, although, some critics have said it would have been a net loss of jobs. Oh, those critics. And speaking of critics, you know, all those protesters at all these summits? What's their deal? Well, a lot of them believe, even though the G-20 includes developing nations, it's still only the rich and powerful in all these countries represented at these meetings, where it's no one's job to speak out for the poor. And that's where we are. All right, well, Veterans Day was Thursday. But what does that mean to you? I hit the street to find out. And that is next.
What is a G-20 Summit?