US to host global finance summit
Speaking before talks at Camp David with Nicolas Sarkozy and Jose Manuel Barroso, George W Bush said it was “essential that we work together”.
The first summit will be held in the US after November’s presidential election.
The Europeans want the meetings to pave the way for talks on an overhaul of the world’s financial regulatory systems.
Before he arrived at Camp David, the presidential retreat in the state of Maryland, Mr Sarkozy warned the world could not “continue to run the economy of the 21st Century with instruments of the economy of the 20th Century”.
We’ll see what they decide after eating 56 plates…