Sunday, October 12, 2008

World leaders vow to battle economic crisis

WASHINGTON (CNN) -- World leaders, warning of a global economic downturn, pledged Saturday to work together to find solutions to what is unfolding as the worst financial crisis since the Great Depression.

U.S. President George W. Bush and finance officials from the Group of Seven, Group of 20 and the International Monetary Fund -- gathering in the nation's capital -- vowed vigilance in helping economies around the world on the road to recovery.

IMF chief hails 'first' global coordination on financial crisis AFP
IMF Speeds Access to Funds as Emerging Markets Buckle (Update1) Bloomberg
New York Times - Wall Street Journal - MarketWatch - Reuters

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