Archive for November 14th, 2008
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Barack Obama’s late grandmother remembered (AP)
AP – The late grandmother of President-elect Barack Obama was eulogized Friday as a strong, vibrant woman who was dedicated to her profession and her family. -
Will Obama’s copyright czar help save the music? (Reuters)
Reuters – From Bruce Springsteen to Stevie Wonder, plenty of musicians supported President-elect Barack Obama. Now music executives are wondering what kind of support they’ll see from the Obama administration. -
Obama has more threats than other presidents-elect (AP)
AP – Threats against a new president historically spike right after an election, but from Maine to Idaho law enforcement officials are seeing more against Barack Obama than ever before. -
President Bush Arrives at Summit on Financial Markets and World Economy – November 15, 2008
President Bush on Saturday said, “Obviously, you know, this crisis has not ended. There’s some progress being made, but there’s still a lot of more work to be done. And so we had a good — good, frank discussion last night. I look forward to the discussions today. And we’ll see you after the meetings have ended.”
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President Bush Attends Summit on Financial Markets and the World Economy – November 15, 2008
President Bush on Saturday said, “The first decision I had to make was who was coming to the meeting. And obviously I decided that we ought to have the G20 nations, as opposed to the G8 or the G13. But once you make the decision to have the G20, then the fundamental question is, with that many nations, from six different continents, who all represent different stages of economic development — would it be possible to reach agreements, and not only agreements, would it be possible to reach agreements that were substantive? And I’m pleased to report the answer to that question was, absolutely.”
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Press Briefing by Senior Administration Officials on Summit on Financial Markets and the World Economy
SENIOR ADMINISTRATION OFFICIAL: Good afternoon, everyone. Well, we just completed an extraordinarily successful summit. Very few would have thought four or five weeks ago that in that span of time, leaders this diverse, from 20 different countries, would be able to come together and reach agreement on a five-page leaders statement, which I will describe, as well as a 47-point action plan of quite specific actions, both in the near term and in the longer term.
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Fact Sheet: Summit on Financial Markets and the World Economy
Today, President Bush and world leaders gathered for the first in a series of meetings to discuss efforts to strengthen economic growth, deal with the financial crisis, and to lay the foundation for reform to help to ensure that a similar crisis does not happen again. Since the outbreak of this crisis, the world’s leading nations have coordinated actions more closely than ever before. Thanks in large part to these decisive measures, once frozen global credit markets are beginning to thaw and businesses around the world are gaining access to essential short-term financing. This problem did not develop overnight, and it will not be solved overnight. No single nation will be able to fix this crisis, but with continued cooperation and determination, it will be solved as long as we are steadfast in our commitment to reforming our financial sectors and maintaining free and open markets.
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President Bush Attends Summit on Financial Markets and the World Economy
President Bush on Saturday said, “The first decision I had to make was who was coming to the meeting. And obviously I decided that we ought to have the G20 nations, as opposed to the G8 or the G13. But once you make the decision to have the G20, then the fundamental question is, with that many nations, from six different continents, who all represent different stages of economic development — would it be possible to reach agreements, and not only agreements, would it be possible to reach agreements that were substantive? And I’m pleased to report the answer to that question was, absolutely.”
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Declaration of the Summit on Financial Markets and the World Economy
1. We, the Leaders of the Group of Twenty, held an initial meeting in Washington on November 15, 2008, amid serious challenges to the world economy and financial markets. We are determined to enhance our cooperation and work together to restore global growth and achieve needed reforms in the world’s financial systems.
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President Bush Arrives at Summit on Financial Markets and World Economy
President Bush on Saturday said, “Obviously, you know, this crisis has not ended. There’s some progress being made, but there’s still a lot of more work to be done. And so we had a good — good, frank discussion last night. I look forward to the discussions today. And we’ll see you after the meetings have ended.”
