G20: Obama calls for co-ordinated action


US President Barack Obama has called for the G20 to pull together to promote economic growth, saying that world economies are “inextricably linked”.

The president was speaking just hours after US lawmakers agreed the biggest reform of financial regulation since the Great Depression.

Mr Obama is now on his way to Canada to attend meetings of the G8 and G20.

At the meetings, world leaders will discuss how best to emerge from the global economic crisis.

“This weekend I hope we can build on co-ordinating our efforts to promote economic growth [and] pursue financial reform,” Mr Obama said.

Canadian Prime Minister Stephen Harper is due to welcome leaders from the G8 for talks at 1645 BST. BBC



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