Bush Calls G20 Meeting Successful, But More Meetings Needed
Saturday November 15th, 2008 / 21h00
WASHINGTON -(Dow Jones)- U.S. President George W. Bush said Saturday the Group of 20 financial summit was successful and marks the beginning of a dialogue among world leaders to resolve the financial crisis. "A meeting is not going to solve the world's problems," Bush said in a short statement after Saturday's G20 meeting concluded. He added the meeting begins a process on the financial crisis that "will make this less likely to happen in the future." Bush said the G20 discussed making financial regulations more consistent worldwide, reform of financial regulations and the desire to avoid protectionist responses to the crisis, among other matters. His comments largely tracked statements he made Thursday, The president, whose second term ends in January, said he will work "tirelessly" to make sure the U.S. government transition to a new presidential administration is smooth. He also said President-elect Barack Obama's leadership team has been fully briefed on the goals of the G20 meeting that was just concluded. -By Mark H. Anderson, Dow Jones Newswires; 202-862-9254; mark.anderson@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=kEgW0SMiNFx%2Fg8sKCESz7A%3D%3D. You can use this link on the day this article is published and the following day.
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