Sunday, November 16, 2008

Obama backs global response to crisis.

WASHINGTON (Reuters) - President-elect Barack Obama supports a coordinated response to the global financial crisis and is ready to work with Group of 20 countries on improving the financial system when he takes office.
"The president-elect believes that the G20 summit of leaders from the world's largest economies is an important opportunity to seek a coordinated response to the global financial crisis," former Secretary of State Madeleine Albright and former congressman Jim Leach said in a statement.
Albright and Leach were designated by Obama to meet with visiting dignitaries on the sidelines of the G20 summit. Neither they nor Obama attended.

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