The expectations game
G20 leaders always try to beat expectations when they produce their final communiqué - and the expectations for today's final agreement, recently released, had been set very low indeed.
In the early hours of last night, negotiatiors made just enough progress on the vexed subject of exchange rates and global imbalances for all sides to declare victory.
The US can say they got some numbers attached to the language about limiting imbalances - but those numbers are dates. And even those are not very specific The question of whether countries will ever be - even nominally - committed to particular current account targets has been kicked down the road, for the finance ministers to sort out (or fudge) in the first half of next year.
The US President has had a tougher ride here than at any previous G20 Summit - and it's hard to miss the frustration on the American side at how their policies, and their position at this Summit has been portrayed. On the US version of events, the idea of hard targets was abandoned weeks ago, after the finance ministers' meeting. There is also consternation at the response to last week's decision by the Fed.
If these were different times - we'd be paying more attention to the development piece of this Communique. It sets a new tone in this area, with Asian members of the group pushing back against the traditional, Western approach to foreign aid and growth.
After days of complaint about the US and its cheap dollar policy, Eurozone leaders might take comfort from the fact that the dollar has been rising in recent days - and the Euro has been going down.
But they will not welcome the cause: growing concern about the safety of Irish and Portugese government debt. Once again, at this Summit, the leaders find themselves working to prevent the next crisis -while the aftershocks of the last one are still being felt.