Obama wants countries to act on economic crisis: White House
Washington, Jan 30 (PTI) US President Barack Obama wants all nations including India, to act in unison in dealing with the current global economic crisis, the White House has said.Obama is expected to come up with a more specific plan in this regard in the run up to the next G-20 meeting in London in April, the White House spokesperson Robert Gibbs said.On a question that G-20 is not moving anywhere and that several countries are complaining that BRIC Brazil, Russia, India and China have not been included in the Financial Stability Forum, Gibbs said "India is a member of G-20." "Well, I think what the President talked about this when he was a mere Senator and a candidate, that if one entity takes steps and it's not followed by other countries taking steps -- be it regulation, stability or stimulus -- you're most likely to see capital flows, change all around the world. We certainly saw candidate Obama talked about that in September," Gibbs said."The President talked about it back in September, working together in unison, all of these countries. I think you'll hear more about some of those specific plans as we lead to and get closer to going into April to the second round of this in Europe," he said. PTI
Washington, Jan 30 (PTI) US President Barack Obama wants all nations including India, to act in unison in dealing with the current global economic crisis, the White House has said.Obama is expected to come up with a more specific plan in this regard in the run up to the next G-20 meeting in London in April, the White House spokesperson Robert Gibbs said.On a question that G-20 is not moving anywhere and that several countries are complaining that BRIC Brazil, Russia, India and China have not been included in the Financial Stability Forum, Gibbs said "India is a member of G-20." "Well, I think what the President talked about this when he was a mere Senator and a candidate, that if one entity takes steps and it's not followed by other countries taking steps -- be it regulation, stability or stimulus -- you're most likely to see capital flows, change all around the world. We certainly saw candidate Obama talked about that in September," Gibbs said."The President talked about it back in September, working together in unison, all of these countries. I think you'll hear more about some of those specific plans as we lead to and get closer to going into April to the second round of this in Europe," he said. PTI
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