Monday, November 23, 2009

President Obama

The Economy is Issue No. 1 for U.S.-Britain Talks Next Week

British Prime Minister Brown will meet with Obama to coordinate economic recovery strategy

Posted February 27, 2009

British Prime Minister Gordon Brown will meet with President Obama next Tuesday in Washington and, Britain's ambassador to the United States said Friday morning, actions to foster economic recovery and financial stability will be a major focus of their first White House meeting. "The economy is going to be the No. 1 issue" for both, the ambassador, Nigel Sheinwald, predicted.

He said the two leaders would also discuss steps for "renewing the special relationship" traditionally maintained between London and Washington.

Sheinwald, a top foreign policy adviser to Tony Blair when Blair was prime minister, said that Brown and Obama are expected to discuss preparations for the summit of the Group of 20 countries in London in April, which will focus on continued steps to shore up global finances. "That meeting should give a message of confidence both to markets and the world community," Sheinwald said.

At next week's bilateral White House meeting, he said, the two leaders will take up the issue of increased resources for the International Monetary Fund to assist struggling developing-world economies and the need for "cleaning up and reforming the world financial system."

The latter goal has been a major priority for Brown, himself an expert on financial policy who early on urged assertive intervention in the financial markets. Sheinwald said that "another theme is greening the recovery"—a reference to economic steps that correlate well with efforts to reduce pollution that induces climate change and to use energy more efficiently. He said the financial crisis cannot be allowed to "divert us" from tackling climate change.

Sheinwald also emphasized the need "to send an unambiguous signal" that advanced economies would not succumb to protectionist measures amid the economic pain people are now feeling.

  • Read more about the economic stimulus efforts.

Reader Comments

richcupids

Hi, I want to find a handsome and humorous man to be my boyfriend. Of course, I'm sexy and beautiful, besides, I'm good at cook. If you are interested in me, contact me

on

~~SeekRich.com~~.

Also you can get more information about me on the web. I have many pictures on there.

Do you dare to have a try to date me?

I'm waiting for you!

U.S.& Britain Trade Should Be Global Standard!!!

The trade agreements between the U.S. and Britain incuding the labor and environmental provisions should be the standard for a new Global Fair Trade agreement between all nations as it levels the playing field for truly fair trade and will eliminate creating "slave labor" economies with which to compete. Our two nations at present must join to repair/rebuild the global economy to end the recession and foster recovery.

Add your thoughts

Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

advertisement

Crossword Puzzle

Do You Like Crosswords?

We've added a new feature to our weekly digital magazine: an exclusive crossword puzzle!

advertisement

Nation & World

Barack Obama

Obama's Inner Circle

Get to know close advisers, cabinet officials, and more.

Public Poll

What grade would you give Barack Obama on his presidency so far?

View Results

Your Photos

President Barack Obama speaks about combat troop level reductions in Iraq as he addresses military personnel at Marine Corps Base Camp Lejeune.

Obama in Your Town

Has the president visited your town? Send your photos to obamaphotos@usnews.com, and we'll post our favorites online.

Courtesy Greg Meinert

Thousands cheer as Obama becomes the 44th president.

Your Inauguration Photos

Thanks for sending us such great shots from this historic event.


A baby kissing an Obama poster for Washington Whispers.

Your Campaign Photos

We asked to see your personal election pictures and you delivered.

advertisement

Washington Whispers

Washington Whispers

Pumpkin Dies, but Pecan Still Gobbles

Pumpkin, the Thanksgiving turkey pardoned by Bush, died, but the alternate is alive and pecking.

Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.
Make USNews.com your home page.