WASHINGTON, Sept. 26 (Xinhua) -- U.S. President
George W. Bush met with British Prime Minister Gordon Brown at the White House
on Friday, with the two sides focusing on thorny international issues, including
worsening U.S. financial crisis.
Speaking to reporters after the talks, Bush said that
he was confident that a huge rescue plan for domestic financial crisis will get
the Congress' approval.
"I told him (Brown) the plan is big enough to make a
difference, and I believe it is going to be passed," Bush said.
Brown said that Britain supports U.S. financial
bailout plan. "Whatever the details, it is the right thing to do to take us
through difficult circumstances," Brown said.
To rescue battered U.S. financial institutions, the
Bush administration has put forward a 700-billion-U.S.-dollar bailout plan, the
largest financial rescue operation to date since the Great Depression years.
Apart from the U.S. financial crisis, the two leaders
as planned also discussed the global economy, Iran, Iraq, Afghanistan, Georgia
and other strategic issues of shared concern.
It has been noticed that the U.S.-British summit
followed a diplomatic breakthrough involving both countries' efforts to pressure
Tehran to drop its disputed nuclear program.
Representatives from the United States, Britain,
France, Russia, China and Germany on Friday agreed to submit to UN Security
Council a draft resolution reaffirming existing sanctions on
Iran.
British PM appeals for new global
financial order
UNITED NATIONS, Sept. 26 (Xinhua) -- British Prime
Minister Gordon Brown on Friday appealed for the establishment of a new global
financial order in the face of the ongoing financial crisis.
Addressing world leaders at the UN General Assembly's
annual debate, Brown spent nearly half of his 12-minute speech on the current
financial crisis. Full story
U.S., French presidents discuss
financial crisis
WASHINGTON, Sept. 26 (Xinhua) -- U.S. President George W.
Bush and his French counterpart Nicolas Sarkozy talked over telephone Friday on
the current U.S. financial crisis and the overhaul of global economic system,
the White House said.
Bush briefed Sarkozy about ongoing negotiations with
congressmen "and expressed confidence that we will get something done," while
Sarkozy "reiterated his support of President Bush during this crisis", U.S.
National Security Council spokesman Gordon Johndroe told reporters. Full story
No breakthrough at White House meeting on bailout plan
WASHINGTON, Sept. 25 (Xinhua) -- A top-level White House meeting aimed to reach consensus on a proposed 700-billion-U.S.-dollar financial bailout plan failed to make breakthrough Thursday.
"The deal is not finalized ... There's a commitment to get something done. And nobody is happy about it," said White House spokeswoman Dana Perino. Full story
