Friday, April 3, 2009

Obama hails the new world order

Posted in by Illuminated One | Edit

Obama hails the new world order

Markets soar after President brokers 'historic' G20 deal between world leaders to bring end to recession

By Andrew Grice, Nigel Morris and Sean O'Grady

Friday, 3 April 2009


Gordon Brown declared that a $1 trillion package to stimulate economic growth agreed at yesterday's G20 summit in London will ensure that the world pulls out of recession more quickly.

Speaking after the one-day summit of the world's richest nations in the Docklands, the Prime Minister said there were "no quick fixes", adding: "Today's decisions will not immediately solve the crisis. But we have begun the process by which it will be solved."

He said: "This is the day that the world came together to fight back against the global recession, not with words, but with a plan for global recovery and for reform and with a clear timetable for its delivery."

SOURCE: INDEPENDENT.CO.UK

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